DTT Buzz

Apple has recently recovered quite well since creating a base in the 115 - 120 range. The stock saw a little volatility, but has since pulled itself together and recovered quite a bit. AAPL now trades in the mid to low 150's, and has created a very nice uptrend channel. See below for a visual of this formation...




I'm looking at this formation as an opportunity to buy on dips to channel support and sell on pops to channel resistance. Until the channel breaks, it's in play for short term trade opps!

Happy Trading,

Nick Fenton
Sr. Trade Analyst