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4mm4
Sep 14, 2012 10:00 PM

AAPL to $800? Long

Apple Inc.NASDAQ

Description

AAPL may hit $800 by the end of the year. The 1.618 fib level off of the last measured move is just over $800 and we have strong trend line support beneath us. Look for AAPL to trend slightly higher with the market and then look for a small push down to test the most reacent highs as the market slows/stalls. Also, we might see some imbedded stochastics come with this move, which is a good sign that shows a long move upward.
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creberlin
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