Wednesday, June 25, 2008

update...

After my post about Apple stock yesterday, check out what today's price action did to the charts. It's fighting to stay alive that's for sure.
The 30min chart MACD diverged and went bullish while making a run at the triangles upper trend line.
The daily got support off of the 50EMA (around $174) and the MACD looks poised to cross over.This weekly chart is looking nice if it can accelerate above the handle at $185.

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