Fry-Day most active stocks after AAPL earnings include many iPhone equipment and chip makers. Anticipate momentum this morning as CNBC will be talking non-stop about the good and bad side of AAPL earnings.
We’ve been stalking Micron (MU) which looks pretty bullish pre-market, trading at the upper band in the 60-minute chart below. The TTM squeeze should lead to a big move over the next few days.
The daily price action producing a flag, but no pullback. We are considering a stop if it loses the Thursday low. The Closing Print.
Once again, if price action closes higher for the week, we will have accomplished 8 weeks straight without a respite. Caution is warranted; meaning we are taking smaller positions.