Quick Glance Before The Open - 6/6/2014

Today is job report and weekly OpEx day. Furthermore, after today AAPL will split 7-for-1. If AAPL pin is near 650 that will put the post split price at the low 90s which makes it much more psychologically attractive to new retail AAPL buyers.

Here is the updated daily chart that was posted on twitter couple days ago showing one of the possible price target from the bull flag is near 651.

(click on the chart to enlarge)


The intraday chart shows a possible move to the price channel upper trendline that could tag the level near 655.



The Russell 2000 finally shows some strength and outperformed the other indices. If the Russell 2000 ETF, IWM can break above the 115 level then 117 could be the next price target.



TSLA formed a bull flag from its recent pullback and if it can clear 220, the bull flag measured move price target is near 239.