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Technology Stocks : Apple Inc.
AAPL 278.12+0.8%Feb 6 9:30 AM EST

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From: RealMuLan4/4/2006 8:52:34 PM
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FWIW, here is some wave count for AAPL by Gharghur2 -- "StockEWave: Apple Computer

Quick Summary: Apple Computer (AAPL $62.75 3/30/06). Apple bottomed in April 2003 at $6+ after declining from $37+ in the spring of 2000. I am labeling this April 2003 low as the end of a cycle wave ... From this low Apple has progressed in a series of impulse waves. The first, labeled Primary wave I, topped in the fall of 2003 ... It then corrected for about three months ... label this Primary wave II. Apple then proceeded to rally strongly until the spring of 2005 where it topped out at $45+. Then corrected again for a few months bottoming at $33+. Let's label these two waves Primary waves III and IV... The recent high of $86+ appears to have ended Primary wave V and thus the bullish cycle ... Currently, it appears Apple is trying to bottom in here as it ends its first decline labeled wave A. There is support at the EW pivots $59.01 and then $54.17. From this low, it should rally retracing part of the initial wave A decline. The EW resistance pivots overhead appear at $68.04, $73.00 and $76.60. Charts already posted in chart link."

spaces.msn.com

The link for his chart
stockcharts.com[s72519467]&disp=O
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