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The Deipnosophist

Where the science of investing becomes an art of living

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Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

30 August 2005

Update re Apple/AAPL


Apple/AAPL is clustering volume this morning (see chart above; click to enlarge), which likely means an assault on resistance at ~$46.50. Should that come to pass -- and hold above that level -- then it also would equal a breakout from the handle of a well-formed cup&handle pattern. See chart below.


Watch total volume and total number of block trades, if, as, and when the price crosses multiple points of breakout at $46.50 and other, higher hurdles...

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