Chartology: Apple (AAPL) On Breakout Watch

Stock ChartsAfter breaking out above the downtrend line, Apple (AAPL) may look for a quick retest of the breakout area and downtrend line. This may offer a good level to enter for a trade, however, note that any sustained breach of 610 would neutralize current strength and require further technical discipline.

aapl stock chart, aapl technical analysis, apple stock chart august, apple stock analysis august, aapl


Apple stock charts with price support and resistance levels. AAPL stock charts with technical analysis as of August 7, 2012. Apple breakout and backtest.

Sign up for our FREE newsletter
and receive our best trading ideas and research


Twitter:  @andrewnyquist and @seeitmarket     Facebook:  See It Market

No position in any of the securities mentioned at the time of publication.

Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of his employer or any other person or entity.