Share
of Apple Inc. (AAPL) is trading near $585
on Friday Apple has a new potential bullish pattern, levels to
watch.There is a new potential bullish pattern developing.There is a new
potential bullish pattern developing on the daily chart. That pattern
is a bullish flag, has been formed by the recent consolidation of the
move off the $500 area in the last two weeks. The pattern will not
become active unless price breaks the top of the current bearish price
channel, the flag, at the $590 area. If the pattern does trigger and
completes, upside potential would be to the $635 area. The pattern would
be voided if price instead breaks below the low of the bearish price
channel, currently at the $572 area.
Next short
term support area is
Membership Access. Apple Inc. (AAPL) should
trade $700-$750 in 2013?. This is my one of the
Top
Pick
for
2012.
Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com