Thursday, June 04, 2009

Video: What Now For Apple?

Click the Apple to watch the video.

In this week’s video we are revisiting Apple, Inc NASDAQ_AAPL. I last looked at Apple on April 9th, when it was trading at considerably lower levels than where we are right now. At that time I made some projections using the Fibonacci tool, as to where I thought Apple was headed.

Obviously Apple has moved quite a bit and I want to revisit some of these key levels that I think may be a real challenge to this market in the very near term.

It’s a short video, but I’ll go into details about levels I think could affect this market.

Click here for the Apple video.

“Trade Triangle” technology has been right on the money with Apple and continues to maintain a long position from $103.60.