Here is a great article that appeared in Investor’s Business Daily discussing the historical limits Apple can get above the 200 day moving average before a correction. Interesting reading but it may or may not help with your specific trading style, for information purposes only.

CLICK ON YELLOW HIGHLIGHTS IN ARTICLE SO IT POPS OUT BIGGER FOR EASY READING. Also be sure to view below chart.

 

By Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.