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APPLE COMPUTER INC
(AAPL-Nasdaq):
Technical Viewpoint: From a low
of $86 1/2 on Jan 12, 2000 prices
rallied, reaching a
high of $121 1/2
on Jan 20, 2000. A
decline saw prices pull back, reaching a
low of
$94 1/2 on Jan 31, 2000.
Another rally saw prices penetrate
resistance, closing 3/1/00
at $130.31. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 19, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $118.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 29, 2000. A P&F upside
reversal takes place at $126.00. Summary: Technical indicators have turned bullish. BUY! APPLE COMPUTER INC
(AAPL-Nasdaq) @ $132 1/8 Stop: Use a protective stop of $128 7/8.
APPLE COMPUTER INC is currently trading @ $130.31 plus $15.68 on Mar 1, 2000. Price Objective:
$150.00. Risk/Reward: $3 1/4 VS. $17 7/8. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$150.00
Risk/Reward:
$3 1/4 VS. $17 7/8
Risk/Reward Ratio:
5:1
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