Good afternoon! A few updates…
Good afternoon!
A few updates…
AAPL — Earnings coming after Tuesday”s close. Greeting them from above 115.25 would get a benefit of the doubt for reacting favorably, potentially back up to and through the ~120 high to 127.65. But even that wouldn”t change the extended nature of the pattern. In fact, a fresh high would resemble UPS through yesterday”s close.
GWPH — Volume is evaporating despite hovering at 76 for a week. Back under 72.50 would trigger new lows.
FEYE — Volume isn”t expanding, but also isn”t very light for a Friday. Today”s price strength is credible for extending higher.
CLF — Big opening drop ahead of Crude Oil now probing new lows. The origin of the drop and volume accompanying it suggests it will be only temporary. Closing positive is preferable, and closing back above 8.30 would be palatable, but closing under 8.15 might not avoid a deeper dip into next week.
