AAPL Breakout again !!!
Sunday, July 15, 2007
Chart courtesy of stockcharts

Shares of AAPL were up 5% on Friday to 137.73$ and reaching during the session a new 52 week high at 137.85$. Looking at the chart, stock show a continuation of the trend with MACD and RSI in the Bullish areas, the stock is in a strong bull market with both 50 day and 200 day moving average going up, however in overbought conditions. Keep an eye on AAPL.

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.

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posted by Pro Investor Trader at 6:27 AM | Permalink


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