Apple, Ticker: $AAPLWealth Strength IndexAAPL is Extremely Up and trending Up
Apple, $AAPLWealth Strength IndexAAPL is Extremely Up and trending Up, started a move higher off of the December 2018 low and ran until the end of April. It pulled back from there to a higher low and then started another move higher. It consolidated through September and ended last week by breaking higher. The RSI is in the bullish zone with the MACD flat but positive. Look for continuation to participate…..
Caterpillar, Ticker: $CAT
Caterpillar, $CAT, has been churning sideways in a very broad band since October last year. The latest move down may have ended last week with a Hammer reversal. The RSI is turning back higher and the MACD is leveling. Look for continuation to participate…..
Edwards Lifesciences, Ticker: $EW
Edwards Lifesciences, $EW, gapped up in July and then settled into a consolidation. Friday it broke above that. The RSI is rising in the bullish zone with the MACD crossing up and positive. Look for continuation to participate…..
Global Payments, Ticker: $GPN
Global Payments, $GPN, ran higher from a bottom in December, stalling in July. After a shallow pullback it moved to a higher high in September. Another pullback found support and reversed last week. The RSI is rising and the MACD turning to cross up. Look for continuation to participate…..
Shopify, Ticker: $SHOP
Shopify, $SHOP, also started higher in December last year, and it continued to a top in August. It has pulled back since then, finding support and reversing last week. The RSI is moving back higher and the MACD crossed up. Look for continuation to participate…..
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