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-   -   Watch: Apple: graphic analysis by starman45 (http://www.stockrants.com/forum/stock-picks/5598-apple-graphic-analysis-starman45.html)

starman45 11-07-2010 02:23 AM

Apple: graphic analysis by starman45
 
I will post a short analysis of the stock.

Technical comments will be greatly appreciated.

My blog for charts: http://starman45-finanzaepoesia.blogspot.com/

starman45 11-07-2010 04:18 AM

Apple november, 07,2010
 
1 Attachment(s)
Apple is in a strong uptrend.
Reached 320, after a bounce by 300, which is emerging as a good support.
Strong support @ 294.
Last Friday, mild profit-taking, but good green close @ 317.13.
Next week: we'll see if the profit-taking will continue.
My blog for charts: http://starman45-finanzaepoesia.blogspot.com/

Chart daily (courtesy of ProRealTime.com)

dgelliott 11-09-2010 01:59 PM

AAPL
 
Not surprisingly Apple is on the list of stocks returning over 10x:

http://www.10xreturn.com/external?ur.../10xstocks.htm

Currently trading at $318.62 per share, do people see 10x growth again in its future or is it too late to jump on board with Apple as a growth stock? I still see 10xreturn potential although that is hard to imagine considering where Apple is currently trading.

Does anyone have an example of a stock that returned 10x in consecutive decades?

starman45 11-10-2010 06:02 AM

yesterday, have extended the profit-taking
not touch the support at 300
red close @ 316.08, but buyers still in control
[bull]

starman45 11-11-2010 04:19 PM

1 Attachment(s)
Close @ 316.65;
slight retracement: the market can breathe a little.
Buyers in strong control.
However, be careful because it remains to close the gap on November 4 @ 312.88.
Chart daily (courtesy of ProRealTime.com)


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starman45 11-13-2010 12:17 AM

1 Attachment(s)
Apple could not even touch the close of yesterday and retrace up to 303.63.
But no surprise.
Yesterday I warned of the likelihood test 312.88 to fill the gap.
However the sellers have failed to bring the stock under $ 300, but they are gaining strength.
Red close @ 308.03.
Chart daily (courtesy of ProRealTime.com)

zippy 11-13-2010 04:11 AM

She'll likely fall below $300 this week as tech seems to be correcting on CSCO earnings miss and other gloom. Still hoping for an entry point on this one.

starman45 11-13-2010 04:47 AM

Quote:

Originally Posted by zippy (Post 36635)
She'll likely fall below $300 this week as tech seems to be correcting on CSCO earnings miss and other gloom. Still hoping for an entry point on this one.

Use caution, sellers will try to get back @ 300.
If they succeed, for a possible new entrance, you should see what happens @ 295.

starman45 11-16-2010 01:37 AM

1 Attachment(s)
Inside bar on daily.

Price is very much compressed. It is clear because the stock is at an historic high, so there is a certain fear of the high peaks.

The area 300 could be affected by a possible retracement.
And, at this point, the stock could run to the south.
Good support at 294.

Chart daily (courtesy of ProRealTime.com)

starman45 11-16-2010 04:09 PM

1 Attachment(s)
As I pointed out yesterday, the stock has reached 300 area, reversing, thus, short-term trend.
Red close at 301.64.
Pay attention to any return to the south.
Chart daily (courtesy of ProRealTime.com)

[/COLOR][/SIZE]


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