It’s always funny when I hear people opine that technical analysis in stock trading is “dead.”
Lookee here, $AAPL did a nice bounce, right off it’s 200 WMA.
Even some popular traders are noticing this.
Weekly charts have been lookin ominous however I took a long in $AAPL at $90.05(stop 88.80). Risk/reward appealling pic.twitter.com/TKNSnmsKjd
— traderstewie (@traderstewie) May 12, 2016
Plus the news of Warren Buffet buying a stake in Apple didn’t hurt either.
Source: Blot NMT Feed
Neural Market Trends 