...for now
AAPL -new high
trend=up
rev= 190.47; mid= 199.76
Recent low was 78.20 on 1/20/09.
Using fibonacci we see that AAPL had resistance at the 1.618% of 204.73. It tested that level for five weeks before finally closing above it this week. Next fibonacci level is 2.058% at 239.14 and 2.618% at 282.93.
Chart of AAPL:
Friday, December 25, 2009
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