Tuesday, January 16, 2007

AAPL



Tomorrow after the close AAPL will report earnings. Notice in the above chart how AAPL tested the 93.00 breakout level and appears to be moving back up. For a day trade I will watch AAPL for a possible breakout move tomorrow. There should be alot of volatility and hopefully a chance to catch a trending move. Keep an eye on this stock and watch the high from 3 days ago which is 97.80.

2 comments:

Admin said...

http://stockcharts.com/h-sc/ui?s=$TRAN&p=D&yr=1&mn=0&dy=0&id=p97508017091&a=94595186

Check out the tran's, whats up with that. Breakout above the line will be bullish sign.

Kevin said...

Yeah, The trans index is at a big spot. I don't like markets like this.. What was leading becomes weak and what was weak becomes strong.. Very difficult to trade.

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