Friday, December 14, 2012

Technical Analysis of AAPL


The first chart shows a linear chart of AAPL, an uptrend line is in the upper $400's


the second chart shows a logarithmic chart, there is basically an uptrend line right in this area, if this is lost, then the uptrend line on the linear chart will likely be tested - honestly I wouldn't mind that as I think it would finally be a low risk buy


the third chart shows a weekly log chart going back 11 years, there\'s an uptrend line from 2003 that comes in the mid to upper 400\'s as well basically matching the daily linear chart above.


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