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Technology Stocks : Apple Inc.
AAPL 277.96-0.3%3:59 PM EST

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To: Moominoid who wrote (21299)12/20/1998 2:57:00 PM
From: High Grader  Read Replies (2) of 213173
 
There are a couple of parallel. long term, trend /resistance lines that have been active in Apple for a long time.

The lower of these is very close to a confluence with the shorter term, upper, resistance line. Even if Apple breaks out of the triangle it is in, the upper resistance has to be overcome too.

The Elliott Wave count is still not telling a whole lot.

I have posted charts at

elkvalley.net

BTW. Thinking of you in sunny Australia David. It is 29 below here.

Our little town in the B.C. Rocky Mountains has filled up with Aussies here for the skiing. They are all in shock. " Bloody cold mate...."

Have a good holiday.
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