Yesterday, AAPL gap down to the $315 range with little resistance. This comes right after its $326 level was broken; $326 was supported 3 times previously. With $326 giving way, $320 offers little support and AAPL fell through with a gap down.
SUNNYVALE, Calif., Jun 10, 2009 (BUSINESS WIRE) — Palm, Inc. (Nasdaq: PALM) today announced that its board of directors has appointed Jon Rubinstein to lead the company as Chairman and CEO upon the departure of Ed Colligan, who is stepping down after sixteen years of leadership at the company. Rubinstein, who joined Palm as Executive… Continue reading PALM : Jon Rubinstein Appointed CEO of PALM
AAPL has a good run since the last rally. And it deserves so. A premium brandname, great product line and an incredible quarter despite Steve Job’s absence. However, looking at the Weekly Chart suggest that it is going to slow down and take a break. 1. The candles are getting shorter. 2. It is hitting… Continue reading AAPLE : Hitting Resistance