Lot of good looks going on right now. The pps moved up off a daily Positive Divergence in the MACD. We are a day away now from that indicator crossing the 0-line. Should get a good pop off that. The 200MA on the 60min chart is overhead was at 19.55 when the pps hit this am but is falling slowly. Now at 19.52. We should be able to get thru that and it's off to the races. The 50day is at 21.15. And the really good look is the week 200MA at 19.11. Hold above that it and I think mid 20's are in sight. Say 25 to 26.
I found it interesting that the indicator was positive divergent a day before the news on SAC. And of course we bounce hard on the news. 11 days before we get some sort of update on how aapl is not really negotiating in good faith. And then Aug 15 we lower a big hammer on them. Hey shorts, gfy.