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Technology Stocks : Apple Inc.
AAPL 278.85+0.3%1:39 PM EST

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To: RX4PROFIT who wrote (46164)7/23/2005 4:16:02 PM
From: Henry J Costanzo  Read Replies (1) of 213176
 
Chart/TA Update.......First target 44+ achieved....taking stock back to ATH area where some resistance should now be expected.....

Note that gap opened preceding week........38.50-40.23.....remains unfilled, and thus the possibility of a gap fill there now automatically comes into play......However, lots of prior top activity around 40, and the rising short-term MAs, might prevent any quick gap fill.

As alluded to in my last comment, there are some technical questions still open re the nature and extent of the triangle pattern forming......and they continue to hold open the possibility of higher targets ahead that I mentioned........

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