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PaperProfit1

03/04/04 4:57 PM

#14188 RE: KVW #14182

Kev, this looks like the breakout...

With the stock going Up more than 5% and 2x the average volume (which I consider a buy signal all its own), AAPL also manage to break to a new 52 week high.

It is interesting how right afer earnings you had every reason to believe that the breakout would happen. I lost faith, but rapidly got in, with the slightest sign of strength, only to have to wait for a few more weeks for this to happen.

In any case, I believe that $24.5 is now the support. Although the resistance is still strong, at this level, back to April 2002, I don't anticipate a near term pull back.