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

You May Also Like

Related Analysis
  1. Stock Analysis

    Bear of the Day: EOG Resources (EOG) - Bear of the Day

  2. Stock Analysis

    A.M. Best Rates W.R. Berkley Corp. with a Stable Outlook - Analyst Blog

  3. Stock Analysis

    BP and Synchrony Financial Agree on Credit Program Launch - Analyst Blog

  4. Stock Analysis

    Enterprise Products' Panola Pipeline Expansion on Track - Analyst Blog

  5. Stock Analysis

    Will 3M Co. Beat Q4 Earnings on Sustainable Organic Growth? - Analyst Blog

Trading Center