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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ggamer who wrote (160643)	10/21/2013 10:37:30 AM
From: ggamer	Respond to of 213177

Apple continues its rounding bottom recovery, levels to watch BY Fly On The Wall — 10:07 AM ET 10/21/2013 The $500 area is an important one for the shares, marking the level at which shares gapped down in January of this year and began a long, slow, rounding pattern that has completed its first objective. A second objective for this pattern can be derived by the low and the starting point of the pattern, giving a total of $115 of potential upside over time or to $615. This pattern is however only valid if price remains above $500 and that might be challenged on poor results or outlook during earnings this week. At the current price of $520.72, next resistance is at $525. Support is at $513.74, a pivot high from this August. Societe Generale upgraded the stock to Buy today, with a $575 price target.