MSFT AMZN FB GOOG AAPL JNJ new major highs coming
Market cap weighted index for MSFT, AMZN, FB, GOOG, AAPL, JNJ has had a very aggressive V recovery. Basic measured move should be 4000+ points or about 30-40% increase. First leg up should get nice overshoot, looking for overbought weekly RSI and/or some daily bearish divergence before retesting the 20wma and about 38% retracement on the pullback.
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$AAPL split it kinda messed up the chart but the target has been hit with the pre-split price now being 18100.