MACD and RSI in strong favor of AAPL rising on Wednesday as bullish divergence is taking place in this bear market. With a recent earnings report that was a beat but not a stellar report, Apple is still holding strong. Are investors anticipating a strong Christmas season? Are they buying this "Dip" in our current market recession to future capitalize on a very strong company? A lot of questions revolving around the fundamentals however based on technicals there is indeed growing bullish divergence and buy signals popping up from the bollinger bands.
I will be playing a day trade for Apple to hit 162.50 by 11/11. Is this likely? No. However riding the wave tomorrow and scalping a quick profit has been my method of trading and has been very successful for me. Stay tuned to see the bump, or bust.
Comments greatly appreciated!
I will be playing a day trade for Apple to hit 162.50 by 11/11. Is this likely? No. However riding the wave tomorrow and scalping a quick profit has been my method of trading and has been very successful for me. Stay tuned to see the bump, or bust.
Comments greatly appreciated!