Long

time for a breakout retest

ended the week where it started but take that relative to the and bulls get the victory on this one. Thursday we finally saw a very orderly thrust higher above the recent chop and then saw some nice follow through for most of friday until the end of day which could be attributed to overall market weakness and OPEX pinning. I've been bullish on apple for the past few weeks and until proven otherwise by the market I remain in that camp. Ideally this nasty candle ending the day friday is reversed quickly by the bulls confirming a breakout retest and continued march higher. Ideally 448 area will hold as the bulls do not want a return into this old range.

EvanMedeiros

Evan Medeiros
Founder, Trade Risk
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EvanMedeiros