« Monday Through Friday Winning Streaks | Main | New Bull Market Highs for Consumer Discretionary and Dow Transports »
Friday
Jul012011

Apple (AAPL) and Google (GOOG) Back Above Their 50-Days

Last week we noted that two key sectors have made it back to new bull market highs.  As shown below, two big technology stocks also made key technical moves on Friday.  Both Apple (AAPL) and Google (GOOG), which were struggling quite a bit heading into last week, broke and closed above resistance at their 50-day moving averages.  They still have plenty of work to do before their technicals turn positive again, but this is a start.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>