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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gush who wrote (3825)1/13/2005 5:55:47 PM
From: Venditâ„¢  Read Replies (1) of 8752
 
Good evening Gush,

AAPL seems to make $10 moves up and then sideways consolidation moves. $70 has been upper resistance for some time so I believe that you will see it hit $80 on this cycle up and then another period of consolidation.

This is another weekly chart using Linear Regression Channels.

139.142.147.218

The daily chart shows profit taking today and a test of support at $70. A bounce tomorrow with a new up trend would not surprise me one bit.

139.142.147.218

Reid
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