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Thursday, May 31, 2007 

AAPLE shares UP again and again and again........

Chart courtesy of stockcharts

Shares of AAPLE were up today nearly 4% or 4.42$ to 118.77 reaching during the session a new 52 week high at 118.88$. The daily chart show a continuation of the trend with MACD and RSI in the Bullish areas, the stock is in a strong bull market with both 50 day and 200 day moving average going up, however in overbought conditions. Indicators are all in favor of Bulls with K line above D line and MACD back above 0. In addition stock is trading above 50 dma and 200 dma = Bullish Mode. My target for stock for the near term is 125$.

Chart courtesy of stockcharts

Shares of EUROSEAS LTD were up nearly 15.31% today closing at 12.73$ new 52 week high, after reported strong result during the first-quarter. Stock Broke out an important resistance at 11.89$ today, stock has been doing well this year, making new highs so the movement is now clear UP !!! Keep an ESEA in your watchlist.

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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