RPB Rebuts AAPL for Short-Term

Friday, December 18, 2009

Steve Warshaw over at Record Price Breakout has a great rebuttal to my posting on Apple earlier this week. He combines a number of different technical indicators to conclude that AAPL will likely turn down and retrace to the $177 area in the short-term. He believes this will be a good place to start accumulating shares. My analysis is for a 1-year price target of $300 but the well-timed execution of that idea in the short-term can add percentage points to the overall return. Check it out!


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