Although AAPL has trailed the meteoric MSFT, the stock could play catch-up with a blast to as high as 219.93, the target shown. It would presumably get there within a day or so of MSFT’s achieving a corresponding target at 430.58 that has been drum-rolled here. A breakaway move this week above p=192.8 would be a tell hinting of buying power sufficient to put a worthy finishing stoke on the stock’s spectacular rise. Any trades will have to come from the intraday charts, since we are unlikely to be gifted with a pullback sufficient to generate a ‘mechanical’ buy on a chart of larger degree. _______ UPDATE (Dec 13, 10:58 p.m.): Are these guys good, or what? AAPL’s handlers have turned murderous tonight, brazenly pushing the stock into record territory in after-hours trading. There isn’t much left to slow it down now.
AAPL – Apple Computer (Last:198.53)