tag:blogger.com,1999:blog-2335748440449035592.post3681942173812508969..comments2008-03-26T21:15:42.191-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-47266168158101265422008-03-26T21:15:00.000-04:002008-03-26T21:15:00.000-04:00you will want to throw up a 5 year trendline as well. The 200 day and trendline are pretty close thus it should act as strong resistance. I would be looking for a shallow cup-n-handle to form here on over the next several weeks before the next launch try over the 200 dma and trend line resistance.geckojbhttp://openid.aol.com/geckojbnoreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-40725721434044141672008-03-26T17:00:00.000-04:002008-03-26T17:00:00.000-04:00Good that you brought this. These are a few stock price movements that makes this rally different from the last failed rallies. I am not expecting AAPL to make new highs, but do you think looking at a sudden drop from 160 to 140 on its way down, it might not act as a tough resistance? Looks like the market is getting some strong invisible support lately.<BR/><BR/>Long AAPLGurubhaihttp://www.blogger.com/profile/02086639112966782923noreply@blogger.com