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Tuesday, January 09, 2007 

APPLE shares jump more than 8%

Chart courtesy of stockcharts

Apple was sharply up 7.10$ or 8% to 92.57$ after Chief Executive Steve Jobs announced production of its new iPhone. The new product combines a mobile telephone with its iPod music device. This movement was follwed by a big volume. The stock is trading near alltime highs and is setting up for a possible breakout above $93, it should keep going up and perhaps it will breakout the previous high at 93.16$ very soon, perhaps tomorrow morning. Indicators are all Bullish ( MACD is back above 0 and K line is on top of D line, RSI above 50 ). Keep an eye on AAPL.

Trade ALERT : GTW Blow up today ( 7% ) with an anormal volume !!!! It's one of my favorite stocks for 2007.

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 !!!!


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About Me

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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