Apple 's chart is showing a change that can indicate upside momentum ahead. The maker of iPhones and iPads has formed a "golden cross," a technical indicator signalling when a stock's moving average over the last 50 days rises above the same moving average tracking the last 200 days. The crossing of the two lines on a stock chart can be taken as a bullish signal that shares have strong upward momentum over the longer term and have risen above a technical resistance level.
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