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Strategies & Market Trends : Guidance and Visibility
AAPL 271.50+2.0%Nov 21 9:30 AM EST
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To: DebtBomb who wrote (64347)8/1/2002 11:31:07 AM
From: SirRealist  Read Replies (3) of 208838
 
I just realized, dollar hit that tail of January 01: stockcharts.com[g,a]maclnnay[d19900101,20020731][p][J4522095,Y]&pref=G

so a dip was predictable.

But 109.25 is the solid resistance: stockcharts.com[g,a]maclnnay[d20001201,20020731][p][J4522095,Y]&pref=G

So if 103.60 to 107.60 is worth 163 points on NASDy, that's 41 points per dollarpoint. Which means we can only go 65 points higher than 1355 before the resistance kills.

1420 is our summer high, if I calculated right. And it just may come in the next 2 days.
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