Is that a pulse in shares of Apple?
A trader IMs us to note that shares of Apple just closed above their 50-day moving average (the blue line) for the first time since October.
These moving averages are watched by technical traders, and crossing over them is seen as a sign of momentum in either direction.
Please follow SAI on Twitter and Facebook.
Join the conversation about this story »
via SAI http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/Cqw2wwwOYAk/apple-closes-above-50-day-moving-average-2013-3
No comments:
Post a Comment