Apple AAPL has a worldwide media event planned next Monday March 25,
to announce a steaming platform for original movie' content, as well as a new "Apple News"
a platform for worldwide newspaper distribution, including the rumoured participation of the" Wall Street Journal".
Monthly Line/ Break Chart shows that Apple is very close to reversing a multi-month decline,
and rendering a new and very important Buy Signal with a Close above 190.29
Also observe that Apple is close to breaking above it's 200 Day Moving Average, currently at 188.39,
so a break above both resistance levels taken together, would be a very bullish technical confirmation of new strength.
Apple deserves credit for shifting their revenue base focus in the last year towards
new and potentially ground breaking opprtunities in original content and distribution,
and their inovative approach to marketing these services to a worldwide audience, should not be underestimated.
AAPL Last 188.16
THE_UNWIND
3/21/19
Mountains/New York
to announce a steaming platform for original movie' content, as well as a new "Apple News"
a platform for worldwide newspaper distribution, including the rumoured participation of the" Wall Street Journal".
Monthly Line/ Break Chart shows that Apple is very close to reversing a multi-month decline,
and rendering a new and very important Buy Signal with a Close above 190.29
Also observe that Apple is close to breaking above it's 200 Day Moving Average, currently at 188.39,
so a break above both resistance levels taken together, would be a very bullish technical confirmation of new strength.
Apple deserves credit for shifting their revenue base focus in the last year towards
new and potentially ground breaking opprtunities in original content and distribution,
and their inovative approach to marketing these services to a worldwide audience, should not be underestimated.
AAPL Last 188.16
THE_UNWIND
3/21/19
Mountains/New York
Confirmed Bullish Breakout,
Above Daily Line/Break Resistance, and 200 Day Moving Average
THE_UNWIND
3/21/19
Mountains/New York