Here is another way to look at AAPL shares - starting from the point where earnings were reported. The green lines help you see where AAPL reported earnings and is often a useful support and resistance level for up to a year afterward.
It looks as if AAPL is off to a monster start with the latest earnings report - all the other times that AAPL has rocketed out of the gate after earnings it has kept going about 20%-30%.
This makes a chart come alive for me: You see where the "start" of the quarter is from the perception of the traders and investors in the stock.
Cheers,
Tim 11:06AM EST Thursday 11/6/2014
It looks as if AAPL is off to a monster start with the latest earnings report - all the other times that AAPL has rocketed out of the gate after earnings it has kept going about 20%-30%.
This makes a chart come alive for me: You see where the "start" of the quarter is from the perception of the traders and investors in the stock.
Cheers,
Tim 11:06AM EST Thursday 11/6/2014
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