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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X11/27/2005 12:15:51 PM
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WEEKEND STOCK PICKS APPLE SHORT

stockcharts.com[g,a]dacayyay[de][pd70,1!d70,2][vc60][iub14!la12,26,9!lc20][J63609490,Y]&listNum=24

This is one of the darlings of the market recently and for good reason with there ipod there sales this christmas should be strong. It is also at a high for the years [52 week high]

But there is a reversal triangle that is call for a reversal in the present time frame. And because I am short term bearish [about two weeks] I feel this high flyer may take a dump here.

Short here with a buy to cover at the high of Monday if this goes up or 69.56 if Monday is a down day.
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