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re: Apple up over 10% and $47 since last week....what do we see first $500 or $400

Posted on 5/15/13 at 9:28 am to
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 5/15/13 at 9:28 am to
quote:

BennyAndTheInkJets


No flame by any means, but AAPL has fallen off versus your resistance point. Granted, it's short term fluctuations, and I am by no means a technical analyst, but how do you feel about the resistance point today?

I am trying to learn more about technical analysis, will always be focused on fundamentals for my investments, but I wanted to hear your thoughts.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 5/15/13 at 9:42 am to
I think apple is battered from alot of profit taking after anear 20% run in 2 weeks. As a long term investment I really dont see how you could go wrong over a multi year period, every other stock on my watch list is trading at 52 week highs
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