Stock Market Technical Indicators & Analysis
As bumpy as this ride has been, the market remains in a short and longer term up-trend. IBD still sees the market in a confirmed up-trend…..
GILD hit a new all-time high on Thursday and broke out of a multi-year base, as shown by this monthly green line chart. Click on chart to enlarge. GILD is worth researching.
Markets remain in short and longer term up-trends.
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.
