There are a lot of public companies out there. Not all of them deserve coverage. But a lot of them do. So at times, I have to take quick looks at several companies rather than trying to focus on one. This quick hits article will look at the charts for Apple, Advanced Micro Devices and Bank of America (AAPL, AMD & BAC, respectively).
Feel free to follow up with questions on these "quick hit" charts if something catches your eye....
Apple (AAPL)
This is a 2 year weekly chart for Apple (AAPL) with a Fibonacci Extension Tool overlaid on it to monitor the main 2 targets for this uptrend - the 100% and the 161.8% Target Lines from the tool. The 100% Target Line sure is approaching fast....
With increasing buying volume and a MACD Histogram that is showing buying momentum that is still increasing, Apple (AAPL) appears poised to…...
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