Technical Analysis of AAPL

fib retracement, aapl, stock market, trader, technical analysis

Chart of AAPL(click to enlarge)


AAPL has seen a decline of 6% from the high on 4/21(355.13) to the low of today (330.73). What should AAPL shareholders and traders do? In the last hour of trading today the stock rallied over 2 points and closing on the highs. The stock also closed above the 23.6% fib retracement from the high on 2/16 to low on 4/18. Tomorrow  look for the rally to……

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