Posted Wednesday, August 1, 2012 @ 7:00 am by Dr. Wish

2nd day of QQQ short term up-trend; AAPL cup-with-handle break out coming?

GMI

5/6

GMI-2

4/6

What is the GMI?
 

WORDEN T2108

71%

I own and am keeping an eye on AAPL, which may be forming a powerful cup-with-handle pattern.  A close above 620 on volume higher than normal could be a major break-out. Take a look at this weekly chart of AAPL. The green line shows that AAPL is near its all-time peak.


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Comments ( 1 Comment )

INVN — Ivensense is forming a much better cup/handle than AAPL, and is a lot cheaper !! I own it since May.

Mark added these pithy words on Wed, 8-1-12 at 5:55 pm

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