AAPL run up again !!!
Monday, June 04, 2007
Shares of AAPL are acting very well today, after the company said it will start selling its touchscreen iPhone on June 29. This annoucement increase more confidence in stock, due to the fact that this new Iphone could bring more cash for company. Looking at the chart stock still trading in a Bull Market, however we must pay attention to the Overbought conditions that could pressure some longs to sell.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
