AAPL formed a 2nd stage flat base with a Classic Pivot at 119.75. On 1/28 AAPL reported earnings and gapped above the advanced pivot at 114.77. It closed near the lows of the day BUT it closed above the advanced pivot (a sign that it may turn into support). So far the 114.77 advanced pivot has held and can be considered support with AAPL rising above the high of the gap up day as well as crossing above the 2nd advanced pivot at 117.20
AAPL also appeared on ChartYourTrade's Shooting Stars yesterday 1/29/15. ChartYourTrade’s “Shooting Stars” are the top 3 stocks that advanced the most on heavy volume from our current UNIVERSE list. Stocks which make big gains on heavy volume point to institutional activity and are therefore worthy of our attention!
AAPL also appeared on ChartYourTrade's Shooting Stars yesterday 1/29/15. ChartYourTrade’s “Shooting Stars” are the top 3 stocks that advanced the most on heavy volume from our current UNIVERSE list. Stocks which make big gains on heavy volume point to institutional activity and are therefore worthy of our attention!