understanding the psychology of behavior

I still believe in the fundamental story here. I will still be actively trading AAPL and its options, but for now, I see some stress to the upside.

The daily and weekly chart tells me it around 97 should be seen, but with a consolidating markets (for the very short-term) I do not think it will happen.

AAPL may see 92-93 before 97. If it does I may re-enter there or once I am comfortable with its consolidation in relation to the market’s consolidation.

Long-term story, and fundies, are still in tact.  So Hold if your a fundies guy/girl.  (I just wanted to capture the gain.)

This entry was posted on Monday, March 26th, 2007 at 11:57 am and is filed under stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.