Let's Get Apple Out of the Way
It is probably best to get Apple (AAPL) out of the way early. A slew of other reports are coming at us after the close Wednesday, and before the bell Thursday, but of course the Apple release is what's on everyone's mind.
Looking at the chart, it is hard to disregard the bias seen in tech earnings Wednesday. But, despite Tuesday night's earnings-spurred big-name tech rally, we're not guaranteed to see such action again this evening. Still, I would lean bullish on Apple given very low expectations for the report, as well as a chart that looks set up to move higher toward the $538-to-$548 area. At the very least I expect the stock to test resistance around $528 to $529, where we see the thick blue line....378 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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