Apple (AAPL) bounced off the orange horizontal support, breaking through the light blue channel/wedge top. It is now testing MA20 and MA50. The correction is stabilized as long as the light blue channel top holds.
Also, less than 100 stocks were strong enough to recover MA20 and MA50, including AAPL and V. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&ma20=Close%20cross-over%20MA20&ma50=Close%20cross-over%20MA50
360miq.com/stockinfo?code=AAPL
