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    AAPL Finds Support, Buoyed by Holiday Prospects

    By Stock Charts | November 25, 2007

    Apple Inc.’s (AAPL) shares seem to have found support at the 50 DMA. Coupled with the strong holiday outlook, I believe that AAPL will retest highs and could surpass 200 by the end of this year. Sales of their new iPod and iPhone have stayed strong, and the traditional “Christmas bull run” could definitely help boost Apple stock.

    AAPL Stock Chart

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    Topics: Stock Charts | 1 Comment »

    One Response to “AAPL Finds Support, Buoyed by Holiday Prospects”

    1. ed Says:
      December 31st, 2007 at 6:58 am

      SNCR is the better way to play the AAPL Iphone evolution going forward.