Friday, February 27, 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/Run-Up Post-Q1 Earnings. Longer Term Move Has Been Higher Highs & Mostly Higher Lows As The Market Also Moved Higher, Despite Today's 1.5% Price Decline. RSI And MACD Had A Strong Positive Move, But May Have Run Out of Steam, As Price Struggles to Push Past 2nd Level Resistance. Fundamental Story Is Still Strong After An Amazing Quarter and Looming Watch Launch. Consensus Analysts Estimate Has Grown to $134.61 from $129.19 on January 30, 2015:

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