AAPL comes back, restart of short term up-trend?
With AAPL now closing above its 30 day average (red line), the short term trend is up again. A close back below the average (currently 199.02) would cancel this up-trend signal. The longer term trend remains up.
Comments ( 4 )
Shawn M added these pithy words on Wed, 12-23-09 at 11:29 amI wonder how the emergence of the Android operating system is putting a damper on AAPL’s stock. Of course, I have no idea how to use a theory about the fundamentals of the business to get in and out of the stock, but it’s interesting to think about.
Jason added these pithy words on Thu, 12-24-09 at 10:02 amtheres a lot of good news (rumors…) about an alleged tablet thats supposed to come out in 2010.
dr wish: how many positions do you usually hold at one time and howd you allocate your portfolio accordingly? do you have 5, 10, 15 positions at a time? im finding myself in too many different stocks at once and it hard to keep track of them all. howd you chose between stocks when everything has been moving up?
thanks!
Jason added these pithy words on Thu, 12-24-09 at 10:25 amalso, merry christmas and happy holidays! thanks for the wealth of knowledge youve shared on this blog on honr269
Joseph added these pithy words on Thu, 12-24-09 at 12:47 pmLooking at above graphs, AAPL has done poorly compared to so many others because since Aug it has gone up only 18%. So many other stockshave done a lot better during the same period, such as NTY, X, etc
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