Apple's technicals showed some precision over the last two weeks. It appears to have bottomed exactly at the 61.8% Fib retracement point just below 154 and has been forming a symmetrical triangle until today when it broke through the pattern and its 15-day moving average (which was tracking the down sloping leg of the triangle) on decent volume.I would have preferred it if it had built a better base before moving higher, but I think that this stock wants to move again now. I need a confirmation of follow through for me to feel comfortable that we are on-track for a re-test of the highs, but I am selling nothing at the moment hoping for more upside this week.
http://stockcharts.com/h-sc/ui?s=AAPL&p=D&b=5&g=0&id=p33882970236&a=114964461
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