Apple is back on the hybrid screen this evening, leaping in hybrid score, a cool +27%. The stock closed above the 50 day moving average for the first time since July. In previous attempts, it was rejected every time.
Today’s low, 110.82, represents a good exit point should the trade reverse from here. Here’s the daily chart:
Are you a buyer of AAPL here as we head into the holidays? Let’s hold it to a vote:
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entered last thursday at $111.80
I smell higher.
iTV, iCamera (bye bye GPRO), iCar and the future big money spinner, iVR