Shares of AAPLE rose more than 3% today to 89.05$ after bullish analyst notes. One analyst of Morgan Stanley's raised her price target on the stock to $110 from $90, and also raised her 2007 earnings outlook. The technical chart is showing some improvement in the MACD indicator and the stock have restested with sucess the previous breakout area, so we could see the first resistance area near 90 in the 20 dma line, however the stock is currently on an uptrend with 50 dma on top over 200 dma, it means that stock still in a Bullsih market.
Stock to watch tomorrow : PPHM , EPCT , INSM
Trade Alerts : CYTC , DELL , FINL , AVGN : Bullish - 50 dma line crossover 200 dma
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice evening !!!
AC
I'm curious as to how Microsoft's release of Vista will effect iMac sales?
Posted by Anonymous | 11:08 PM