“Apple Computer (AAPL) hit an all-time high at $45 in February and pulled back in a deep correction. It found support in the low $30s and charged back to the high in July. The stock consolidated below that level for a month and then broke out seven bars ago. This is a legitimate rally that should yield an uptrend lasting weeks or months in duration,” Alan Farley writes for RealMoney.com.
“The stock is now pulling back in a bull flag pattern. Things could get a little choppy ahead of the Labor Day holiday, but it looks like a decline below $45 would mark a good entry price,” Farley writes.
Full article here.
er…huh?
That’s code for “buy, things is lookin’ good. honey.”
It might go up, it might come down, just like Jason Bloody Turner.
Thank God he’s gone.
Now where’s my bloody Apple stock going?
“Now where’s my bloody Apple stock going?”
Just my opinion, but with the Intel switch still to come, in three years $45.00 will look cheap.
As a new Apple employee, I tend to share your opinion hammer, but in reality I hope, TRULY hope, that your words come to reality.
I hope I am going to love my stock options and discount on AAPL: maxmizing those out.
“I know those words, but that sentence doesn’t make any sense”
Lisa Simpson
46.94 today!
Back down to $45.78 by the close. (Still, up 0.06% for the day!)
Gotta love the stock widget…
Jake
Apple stock has been making me money for five years. Lots of money in the last two. The shares I currently own were bought for the split-adjusted price of about $10 a share. I bought my G5 with the proceeds from a small sale of Apple stock.
😀