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Technology Stocks : Apple Inc.
AAPL 278.72+0.5%Dec 10 3:59 PM EST

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To: Moominoid who wrote (21407)12/24/1998 1:07:00 PM
From: Andrew Danielson  Read Replies (1) of 213176
 
Ho-Ho Hum. . .

Well, that's pretty much what I expected out of today's action. We kept above 39 the whole time, and the low volume removed any significance to the lower close.

If we head higher from here on Monday, that would make a triple-bottom at about 39 3/16 to 1/4.

Yesterday's close stuck so far out of the 21-day Bollinger Bands that some sideways action like today can be healthy. Hopefully Monday will have enough volume-based momentum to punch through 40 resistance once and for all.

Happy Holidays, everyone.

Andrew
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