AAPL ( Apple 5 min chart ) & Fibonnaci 50% bounce

Perfect bounce today on $AAPL at the 50% intraday point ( 5 min chart ) 

you can see held perfect into thtat $321.50 area & bounced nicely back over towards the high of day .

Next levels to watch to upside are the 200day sma ( just over $327 ) & over 20day sma ( just over $331) 

 

Thought to share this chart that we reviewed in chatroom this morning into the pop & what levels we were watching for …  Double click the chart to see it bigger


Posted in Charting & Analysis, fibonnaci, Stocks