Apple Inc (AAPL)

[LisaAu]

Heywood, Yes we'll need to wait till Friday's close to update the weekly signal.

I agree, one could do a "Trade/Hold" or, in other words, add to one's position during the period of weakness, say, between 1 May to 1 September 2010.

Or, one could simply play short swings, up and down, on the daily chart following a 5,2 Slow Stochastic, as I sometime do.

Here is the period where we see AAPL is basically trading flat or sideways, but does make some very profitable moves, up and down, during that time, where one could trade 100 or more shares for some nice profits:

http://stockcharts.com/h-sc/ui?s=AAPL&p=D&st=2010-05-01&en=2010-09-01&id=p63036563962