Apple Reverses at Long-term Support

Apple (AAPL) tested its mid November low and long-term support with a dip below 520 on Thursday. Support in the 520 area extends back to the May low. Notice how the stock forged an intraday reversal for the second time in two months. Also notice that volume exceeded 40 million shares.

121207aapl


Click this image for a live chart.

 Previous Article Next Article