The Tiger

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KL, Malaysia
I am a tiger in the game of stock trading. I relentlessly looking for candidates to trade. When it is an inflection point. You would see i am actively participate in the game.

Wednesday, March 25, 2009

AAPL trading in low volume



AAPL in its 6 month high range, around the resistance. Given the current upbeat broader market due to the better economic data from housing stat, durable goods sales and 1 trillion from FED to buy treasuries.
The market is possible in the process of building up its bottom and pick up again. Yet with the short term high resistance with low volume in a upbeat news. This is indicating that synergy is currently not in the market at the moment. Possible short-term retreat is about to come.

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