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Friday
Jul012011

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

DateFriday, July 1, 2011 at 05:45PM

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.

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