DTT Buzz
Exclusive Market Analysis, Alerts and Commentary from the DaytradeTeam trading staff
Thursday, April 24, 2008
Apple Inc (NASDAQ:AAPL) Reversal
After falling from 200 to 120 in January Apple Inc (NASDAQ:AAPL) has been rallying and could possibly be creating a cup with handle/ inverse head and shoulders reversal pattern. These reversal patterns both indicate AAPL could rally to 200 in the near tern. AAPL reported earnings last night and there is still indecision in the market as to which direction it will head; if we see strong upside action today I would say that AAPL will complete the measured move and rally to 200.
Happy Trading
Keith Greff Jr
Trade Analyst
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