APP Weekly Chart: Very Bullish Close above the 50

APP Weekly Chart: Very Bullish Close above the 50 & 200 DMA's last week........they are the KEY levels to turn into support next week............under massive accumulation........Fast Sto is hitting extreme overbought levels...........1.20 is a major resistance zone........checkout the trading between Sept. 2013 to Jan. 2014........1.20 was a KEY support zone for many months........what was once support becomes resistance and vice versa.........APP hit 1.20 resistance and pulled back last week........if 1.20 breaks there is also major resistance @ 1.30..........calling it the 1.20 - 1.30 resistance zone.........if APP closes above 1.30 next week it would be very bullish........

Remember, this is a weekly chart......this weeks candle will not set until the closing bell on Friday.............$$$

http://stockcharts.com/h-sc/ui?s=APP&p=W&...7479848719