Friday, January 30, 2015

Apple 2.5 Year Daily Technical Chart

50 Day vs. 200 Day Golden Cross-Over in Sept-2013. It Has Been A Steady Climb Since Then, Culminating In a December Correction, Consolidation, and Current Gap Up Post-Q1 Earnings. Longer Term Move Has Been Higher Highs & Higher Lows As The Market Also Moved Higher. Fundamental Story is Still Strong After An Amazing Quarter That Reported Nearly 75M iPhone Sales. RSI And MACD Are Moving Positive, Despite Today's 1.5% Price Decline. Consensus Analysts Estimate Has Grown to $129.19 from $122.12 on Jan. 8, 2015:

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