I'm bullish on Apple because they are innovators and I have some very fond memory of Apple products dating back to the 80's.
Since it's been climbing up for a month, I continued to be very bullish on Apple and had expected it to continue climbing into the next day. I thought I had bought a good buy at $3.70 earlier; but when it went down further to this price, I (emboldened by the few successes I've had recently) couldn't resist the temptation to add to my position at what looked to be even better price.
Apple's price (AAPL) had bounced up from the 100 period EMA on 15 minute intraday chart earlier that day and the EMA continued increasing even through the dips in the afternoon. Then AAPL seemed to bounce up from the 20 period EMA later that afternoon. I thought that might be a good price to buy so when the oppotunity presented later on that afternoon, I took it.
