Saturday, May 23, 2009

aapl & goog - my supports and outlook

daily on both aapl and goog closed the week at 1-0 buy.
goog in a tighter channel versus aapl
goog at 393.50 and aapl 122.50
goog has support at 383.71 and the 50 sma at 373.97
aapl has support at the 50 sma at 117.83 and at 108.69

weekly frame sees
aapl at 2-0 buy with weekly support seen at 119.37
goog at 1-0 sell with support seen at 381.00

monthly frame has
aapl and goog both at 1-0 sell but aapl has an concurrent 9-11 sell that needs to be resolved one way or another.

in money flow
i see healthy block action in both stocks.

in insider selling
not much

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