We will see if intraday 134.66 could be a good entry point or they will push to pin at 134 before the price slowly heads back to 130.
The bears are not realizing that Chinese manufacturing are undercutting themselves to compete for the low end market. I wouldn’t be surprised to see rising prices in low-end undermine their competitive edge as consumers will be demanding better services.
Next buying waves can above $136.95 with target 144 area but it's now more likely to see a pullback to $130 before it heads above $145
Looks like more gains ahead, but the clock ticking on 8 year bull ride. Need corp. profits to keep growing, Interest rates low.
I don't understand why people say this desperately needs a pullback. If it can and will head higher, why does it need a pullback?