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CapitalHubs

Apple long term price channel

Apple Inc (NASDAQ:AAPL)  
CapitalHubs  
NASDAQ:AAPL   Apple Inc
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9
AAPL trades within paralel chanel. Closest short term target is $411 with optimistic bullish target $460. However if there is broad market pressure $380 would be good level to load at.

Comments

johangradin
Agreed.
Reply
charttrader
Changed disagree to agree if you don't mind:)
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stanbokov
nice work! looks like chart trader went in the wrong direction lol
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charttrader stanbokov
yes and i still cant believe that it continues to grow :(
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charttrader
I think this is too optimistic considering the transfer of power from Jobs to Tim Cook. IMHO this idea looks more realistic:
APPLE COMPUTER (AAPL) 2-Yr Trendline


APPLE COMPUTER (AAPL) 2-Yr Trendline
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CapitalHubs charttrader
This could be the case in broad bear market. Braking trendline would be clear confirmation of that move.
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MisterA charttrader
Steve Jobs is unfortunately no more with us, iPhone 4s (iphone is one of the biggest source of income for Apple) doesn't look that prospective. iPad 2 is another one and it helps them to stay on top. Some rumors may also keep the trend upwards, but it won't last long if they don't do anything. I agree with Chart Trader, his chart seems more realistic. We shall see what we shall see.
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paulmcgregor MisterA
iPhone 4s is more than prospective, it sells out every other handset. I think when they will launch the iPad 3 (expected) next spring they will strengthen the ceiling.
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MisterA paulmcgregor
If Siri is going to be ported to iPhone 4, no sense in changing your iPhone to iPhone 4s (better CPU and camera doesn't give that much). iPad 3 with higher resolution screen and a really good camera would strenghthen, i agree.
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