Stocks rebounded nicely Wednesday, and the much better-than-expected earnings announced by Apple (AAPL) after the close pushed it up over 8% in pre-opening trading Thursday. The chart shows good support now at $78-$80, and resistance in the $97-$100 area. A breakout above resistance on heavy volume would complete a bottom.

Tickers Mentioned: Tickers: AAPL

Post a Comment