$AAPL . Bearish cross and support

$AAPL continues to gap down on news that China Mobile is reducing its subsidy for iPhone 5c; a move that may have an impact on the sales. Currently, on the Ichimoku chart, a bearish cross is seen with a critical support level at $453.84 . Should the price level close below this or unable to… Continue reading $AAPL . Bearish cross and support

PALM : New High in 2009

Palm has a nice run yesterday. It forms a new high for the year 2009. The previous time that it breaks through $9 was in Feb, and that rally quickly lose ground on the same day. Part of the reason then, was Palm has went up too fast; hence you see the big gap between… Continue reading PALM : New High in 2009