AAPL daily just breaks a resistance level today
There's a slight volume surge on this 60 min chart as AAPL breaks the resistance level and a pick up in volume when it breaks back below. This is an example of the type of action we want to see on a false breakout, although the volume and the break today weren't as strong as I'd like to see.
AAPL 30 mn 3C chart goes negative on the break out today
The 1 min chart shows more detail.
It's this kind of action that we are looking for, although this s rather mild, we may still see a stronger move.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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