Apple Computer Inc

AAA

Apple computer was one of the most actively traded stocks on the Nasdaq today as the bears pushed the price lower by 6.33%. As you can see from the chart below, AAPL is about to test the support of the 100 DMA, which is an area that we'd expect to act as strong support. We'll keep a neutral outlook on the direction of AAPL until we see it close below the 100 DMA support, or back above the upper resistance of the 15/50 DMA.



AAPL_020606.jpg
Related Analysis
  1. These stocks have been weak, and despite rallies, investors might be better served by selling or shorting as opposed to buying.
    Chart Advisor

    Time To Take Profits On These 4 Rallying Stocks?

  2. Chart Advisor

    Is Natural Gas About to Tank?

  3. Chart Advisor

    A Multi-Asset Income ETF For Defensive Investors

  4. Chart Advisor

    These Stocks Offer Range-Trading Opportunities

  5. Chart Advisor

    How To Trade Rising Livestock Prices

Trading Center