Aapl

HedgefundTrader2 · Feb 27, 2008

Quote from lwlee:

It'll get there. The buildup to next week's meeting and the current glow from positive analyst meeting, in addition to oversold conditions will propel Apple.

TECHNICALS :

LOOKS like AAPL is breaking out from the downward trendlines. Heavy volumes are showing up meaning that a bottom is near. I think AAPl will blast out of 122 to 130 area in no time. All the Technical conditions favorable, oversold stochastics etc.

lwlee · Feb 27, 2008

Just in time. It was about to hit my 10% stop. Damn stock is too volatile.

omegapoint · Feb 28, 2008

140/150????????? Gee, is that all?

lwlee · Feb 28, 2008

Up 5 points, against a negative current. If this was an upmarket, we would be +10.

S2007S · Feb 28, 2008

apple affirms iphone target???

big deal, props the stock up 5 bucks, they were in need of some news to keep the stock up after dropping 80 bucks...

lwlee · Feb 28, 2008

+8. Go Apple Go!.

IzzyfoShizzy · Feb 28, 2008

anybody have an idea on how high AAPL might get? ive held hoping for a bounce but i dont know what point would be best to get out at yet.

HolyGrail · Feb 28, 2008

Quote from IzzyfoShizzy:

anybody have an idea on how high AAPL might get? ive held hoping for a bounce but i dont know what point would be best to get out at yet.

Probably just to 140. If it can make it beyond 143 it shouldn't have much problem getting to 165.

HedgefundTrader2 · Feb 29, 2008

Quote from day7793:

TECHNICALS :

LOOKS like AAPL is breaking out from the downward trendlines. Heavy volumes are showing up meaning that a bottom is near. I think AAPl will blast out of 122 to 130 area in no time. All the Technical conditions favorable, oversold stochastics etc.

AAPL broke out from the trendline on heavy voulme and went up to 131 and closed down to 129 today on Feb 28, 2008.
That is how Technical analysis works. See my post above.

HedgefundTrader2 · Feb 29, 2008

Quote from IzzyfoShizzy:

anybody have an idea on how high AAPL might get? ive held hoping for a bounce but i dont know what point would be best to get out at yet.

AAPL will rise upto 140 area and meet its 200 day moving average. Thats the biggest hurdle it has. The shorts will do everything to keep selling on small rallies, all the way up to 200 day line. It will be a heroic journey for the stock.