Monday, April 21, 2008

Follow the Leader

Apple and RIMM following the same pattern. If you were alert (I was distracting myself at the time) you could have caught the same set-up within the intra-day time frame today. The profit targets are pretty dramatic (going up to all-time, or nearly all-time, highs) and being that we're in an overall bearish environment it should be interesting to see these two play out.
AAPL daily chart:AAPL 5-min chart:RIMM daily chart:RIMM 5-min chart:

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