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


To: Andrew Danielson who wrote (21930)1/6/1999 10:40:00 AM
From: Moominoid  Read Replies (1) | Respond to of 213173
 
Sure there is the downgrade from the people who brought us AMZN for $400. Guess they were right.

Yesterday the stock was close to $43 most of the day. It only went higher just before the keynote and then sold off back to 43 right after. No downgrades yesterday. Then in came some buyers this morning and tried to push higher the downgrade brought us back to below 43 and we're now edging back to it.

Anyway that's the way it looks to me. 43 is roughly the high in August and also the 34 week Bollinger Band. This is why it might be expected to be technical resistance IMO.

David