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


To: Phillip C. Lee who wrote (8812)2/26/1998 4:42:00 PM
From: Phillip C. Lee  Read Replies (2) | Respond to of 213173
 
Well, Apple moved up again in price as well as volume today. The
volume is above 5m, which is the fourth consecutive days above 4m.
I have estimated in the previous post that we need about 3.8m to drive
us to 23's. Based on today's scenario, it looks like there are about
2m shares under 23, and 3m+ above 23, hence, we probably need
additional 3-4m shares to boost it up to 24's. Tomorrow's the day
to test another resistance point ($23.8125), where probably a lot
easier than previous one at $19.75. The conditions are still the
same as yesterday's - we need three conditions mentioned in the
previous post. Hope we can break through that resistance in a few
days.

Phil