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Technology Stocks : Apple Inc.

AAPL 272.98

-0.1%

12:32 PM EST

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From: Henry J Costanzo	5/7/2005 3:12:51 PM
	Read Replies (1) of 213177

TA note:...........nearing make-or-break point? Near perfect 3-week pennant, on falling volume, appears to be completing....Taking the shape of an ascending triangle, which normally........but not necessarily.......a bullish indication....Also, stock has risen back to the falling 20d MA, which can exert some resistance.....but a break above it would be particularly positive.. Keys to watch now: Break above 37.50 would activate a measured move to around 40....probably filling the overhead gap at 40.39 and moving back to the 200d MA line.... Break below the uptrend line, at about 36......weeell. that would be baaad.... Will come back and talk about that ONLY if I have to!! LOL home.twcny.rr.com

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