Saturday, January 30, 2010

Apple computer will go lower

AAPL - Apple Computer will try to break the low to 180s next week if the chart is correct. It is a good correction, and this correction will continue for the next few days. I expect AAPL stock price can possible get lower to $160s. Just watch out, since everyone is looking for the iPad. Too many people are not sure this is another Apple TV which is not selling good so far and not bring any major income for Apple. I rank AAPL as a sell right now. Will update everyone once I change my decision.

Please read this book, it help you to understand more about Technology sector:

The sixth installment of the Fisher Investments On series is a comprehensive guide to understanding and analyzing investment opportunities within the Technology sector. Fisher Investments on Technology can help you quickly become familiar with this highly diversified sector, how the sector is segmented by industries, their respective macroeconomic drivers, and the challenges facing Technology firms.

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