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Thursday, January 7, 2010

AAPL, GOOG charts

Here are the reasons I like AAPL and GOOG here...

For GOOG, the chart that caught my eye was the weekly. Its very near its 10SMA support, and the daily is fairly consolidated at current levels. (Despite the fact that the daily chart does not have real support at current levels.)

For AAPL, the daily has come off its overbought position, and it is off a very nice consolidation.

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