Keeping it simple, the intraday consolidation on the Apple gap higher is impressive. You can see the first chart of the 10-minute timeframe sporting that tightening base. A move over $567 has me in, most likely.
And as far as Michael Kors, the weekly chart, second below, may just be getting started in a pullback. I would avoid bottom-fishing for now. I still think this an excellent, high growth retail player. But the wedge I have outlined may be signaling a few weeks of pausing is imminent.
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Lol where do you find these cool pictures??
Long AAPL NFLX SD CMG ANGI SCTY
Good book, zook!
I wish Trader Joe’s was a public company
It is owned by a German family who is private in their affairs, I believe.
Didn’t know that