Apple breaks the 50 day Moving average

On Sunday last I was expecting Apple Inc (APPL) to come back to the 50 day moving average. Not only did it come back it has taken it out and it now looks like it could go back to test the lows set in late April of $392. My stochastic is working very well right now and it can be very accurate when a stock it trading in a trading range. I will be keeping an eye on things over the next few days. See chart below.

The market continues to rise on fumes in the tank. It amazes me. It is seldom that I cannot find a stock worth buying. More again in a few days.

Apple chart: