Saturday, October 25, 2014

Apple Inc. Trapped In Trendlines

Apple Inc. (NASDAQ:AAPL) which is the highly popular maker of various devices and gadgets such as the iPhone and iPad, has just announced that it will be hosting a media day on September 9. It is expected that they will announce the release of the new iPhone 6. When I look at the chart of Apple Inc. (NASDAQ:AAPL) I see that stock has been trending upward in a channel. Every time the stock hits the higher end it sells off, and when it touches the lower end it gets a bounce. Right now we are at the lower end of the channel and finding support. However, if this stock fails to hold this support it is headed straight to $93 and then $89.75 level. Be long with caution here.

Parm Mann
InTheMoneyStocks.com



[[T_F]]Data Leak Prevention – Data Security Solutions – Information Theft Protection, Detection and Prevention Software Productstracefusion_signature=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[[T_F]]



| More

Random Posts

Leave a Reply

Back to Top

Social Media Profiles

ADVERTISEMENT

BUSINESS NETWORKS

The New York Times logo CNN logo ABC logo CNBC logo