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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Jill who wrote (4488)1/31/2005 6:22:44 PM
From: Venditâ„¢  Read Replies (1) of 8752
 
Jill,

Re: AAPL

My thought would be to take the money and run. EOD selling is showing a wick at the top of today's candlestick where sellers are stepping up.

William's R% confirms that weakness is beginning to show the possibility of a short term top. History shows that AAPL will break out and then almost immediately test its new support, in this case, $75.

139.142.147.218

JMO.

The 30-minute chart shows the intra-day top and the stochastic sell signal in place.

139.142.147.22

Reid
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