SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sam Scrutchins who wrote (16409)8/10/1998 11:52:00 PM
From: Sam Scrutchins  Respond to of 213177
 
Here's another little tidbit--Apple's 3-yr daily with BB's and RSI.

bigcharts.com

Looks to me like Apple has formed a cute little flag which it is now breaking out of big time on the weekly chart.

However, at least a note of caution. There are a number of daily and weekly indicators like the weekly RSI shown here that are in overbought positions. This portends weakness in the price soon. There are times when stocks just blow right through these overbought conditions, and I believe now is one of those times, at least I hope and am betting on it.

Sam



To: Sam Scrutchins who wrote (16409)8/11/1998 7:45:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 213177
 
I love that chart. What was it that Michael Dell said on CNBC about Apple? Apple should close up the company and give the proceeds to the shareholders? Was that it?

Ho ho ho.

Linda