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3 pts

Opinion on  Apple Computer Inc (AAPL)     Sector: Technology  >  Industry: Computer Hardware
AAPL CHART

Aug 10, 2007 05:07 AM GMT
Return Risk
+14.59% HIGH
Tracked Blogger

Fundamental Analysis  
Via knighttrader.blogspot.com/:  


The chart on AAPL is looking bearish here but the stock is getting oversold and does have some support at the $125 area. It also broke through the 50 EMA and the lower bollinger band. AAPL could see a bounce tomorrow off the $125 level but if it breaks $125 on a closing basis it could go much lower to the $120 area. Other areas of minor support from there are $115 and $110 and then major support at the 200 dma.





This is a tracking account  [?]   SocialPicks is not affiliated with knighttrader. The POS/NEG sentiment is automatically determined by SocialPicks from this blog post and should not be recognized as a position recommendation by knighttrader

AAPL:  This call was made on 08/10/07 @ $123.12
Rating:   Negative   $123.12 (08/10/07)
Gain/Loss:   -352.38% in 1753 days


Comments (3)

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