Welcome ! This section of "www.daytrading.de" covers my midterm technical view on $AAPL. I try to update as major price moves accure and important technical keylevels are hit. Happy Trading! leave comments if you like! Phil 01/17/2010 Weekly: AAPL topping out over 200 bucks....looking like it broke the uptrend into a tradingrange sitting on key-levels just above the 202 level where a gap is still open on the daily chart... Let's look a the daily chart: AAPL clearly reversed to the 20d SMA on the daily. Sitting just above the Tradingrange where it had its b/o towards a new ATH like 10 days ago. Where to go from here? Putting things into perspective makets look overbought all over the place. With the /ES /YM /NQ topping out on bigger timeframes i anticipate AAPL pulling back at least to 202 - 200 before earnings. If it bases here could be a good long-entry. Not sure how expectations and earnings are already priced in...$INTC clearly faded after good earnings...same could happen to AAPL. Still - with the iEvent shortly after earnings things could be different this time...talking about a boost here.... Possible Scenarios: Pullback towards 200ish before earnings. After the numbers rally to a new ATH Pullback below the tradingrange towards 190is levels. Rally from here. With the S&P topping out and the NASDAQ testing new lows on its tradingrange (false breaks so far) we see markets trading weak into the juiceless periods of the year (Jan - March)....i do not recommend any long swings in theses times. rather daytrading pops watching for possible swing-longs on keylevels... --Phil