some interesting development in both fundementals and chart action.
first, if you take the 200 print on 12/14 as factual, then the 61.8% fibo support off the 150.63 (11/12/07) low to that 200 print is 181.141. this 180 area was tested several days back at the end of last month before the rally into the mid 190's.
is this 61.8% fibo at 181 real support?
looking at the sequential, it seems so as daily count is now at 5-0 buy.
som strong gdp numbers thursday with bullish tech news from orcl could send the favorite large cap tech stocks higher. aapl needs a close above 190.39 thursday to start a new 1-0 sell count. not likely, but aapl can rally considerably and still remain with a buy reversal count at 6-0 buy
see here:
now, these are the current top 10 in electronics over a amazon.com
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