EvanMedeiros

higher lows into resistance , breakout on watch

Panjang
BATS:AAPL   Apple
1
$AAPL looking for a higher low above 480 so bulls can continue to wedge against this 492 resistance level. So far the market does not look like it wants to cooperate so this should make the task of breaking out that much more difficult in this type of environment. Technically this name has digested very nicely since late September and another assault or two on 492 and we should be ready to take on the low 500s again.

Evan Medeiros
Founder, Trade Risk
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