AAPL shows a breakout on both the hourly and daily charts. After the hige breakout of the beginning of May (around May the 3rd) a triangle formation developed and a second breakout (with a gap-up) formed on June the 4th.
Current hourly Stochastic RSI shows weaknesses and "oversold" features hence I think there's still room for some grow. A possible further triangle might be forming with a subsequent breakout. MACD and EMA indicators shows bull signs too.
***Not a trading advice, merely my idea for information and educational purposes only***
Current hourly Stochastic RSI shows weaknesses and "oversold" features hence I think there's still room for some grow. A possible further triangle might be forming with a subsequent breakout. MACD and EMA indicators shows bull signs too.
***Not a trading advice, merely my idea for information and educational purposes only***