Apple shares have been on a tear since March, even breaking past the long-term descending trend line on its daily chart. Price has also broken past the highest 61.8% Fib level, suggesting that a reversal from the downtrend is in order. For now, the 100 SMA is below the 200 SMA so the path of least resistance might still be to the downside. Also, the 200 SMA is holding as a dynamic inflection point, possibly serving as the line in the sand for keeping gains in check. Stochastic is already ...
Investors who are new to the world of finance might be under the impression that they have to put their money in the stock market. While you can make some strong gains when you buy and sell stocks, you have other choices, such as oil trading. However, like any other business stock trading is also risky. You also can lose big on the stock market if you do not play well. Conversely, there are several ...
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