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  • Michael Lee
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  • Apple . iMac . IPhone . MacBook Pro .

When Apple, Inc. (AAPL) hit $700 after the release of the iPhone 5 in September many wise investors felt that the stock was overbought and ready for a correction. But an over 20% fall through significant support at the $600 price level has come as a bit of a shock to even the savviest of investors. So when will Apple, Inc. find support? Let's first remind ourselves that analysts are still confident in Apple, Inc.'s worth and maintain a $767.00…

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  • Michael Lee
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  • aapl . Apple . Business . Investing . IPhone . MACD . NetApp . NTAP .

Please be aware that the markets have been teetering along a significant resistance level and may continue to experience a downward correction in the weeks/months to come.  As always, check futures / pre-markets before entering positions. Buy HRB, preferably between $16.75 and $17.00. Initial profit target @ 3.5% above purchase price. Protect from loss @ $16.75. H&R Block, Inc. (HRB) recently broke above strong resistance at the $16.75 price level and is now, after a slight fall, trading just above…

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  • Michael Lee
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  • Apple . Business . Fidelity National Information Services . IPhone . MACD . McKesson Corporation . Real Estate Investment Trusts . US Airways Group .

Please be aware that the markets have been teetering along a significant resistance level and may continue to experience a downward correction in the weeks/months to come.  As always, check futures / pre-markets before entering positions. Buy AAPL: Apple Inc. Profit target @ $750.00 or use a 7% trailing stop (see Strategy page). Protect from loss @ up-trending support floor (light blue line on graph) or use trailing stop (mentioned above). Apple, Inc. (AAPL) has dropped sharply recently but looks to be…

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  • Michael Lee
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  • aapl . Apple . Business . IPhone . MACD . NetApp . NTAP . Support and resistance .

Please be aware that the markets have been teetering along a significant resistance level and may continue to experience a downward correction in the weeks/months to come.  As always, check futures / pre-markets before entering positions. Buy AAPL, preferably between $625.00 and $641.00. Initial profit target @ 4% above purchase price. Protect from loss @ up-trending support floor (light blue line on graph). Apple, Inc. (AAPL) has dropped sharply recently but looks to be consolidating near up-trending support.  Fundamentally, of…

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  • Michael Lee
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  • aapl . Apple . Google . IPad . IPhone . Microsoft . NOK . Nokia . Samsung .

Client Question: What's your recommendation for AAPL and NOK this week?  AAPL looks hot but I'm afraid the price may be too high to enter. Response: Such a great question.  Like most investors, I follow Apple regularly.  And I’ve been watching it lately, contemplating adding to my current position.  First of all, my mind is exactly where yours is, Apple looks like it may be overbought and is selling too high.  The company just won a big suit against Samsung,…

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  • Michael Lee
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  • Apple . Eben Esterhuizen . Google . iFrogz . IPad . IPhone . Seeking Alpha . ZAGG .

Hello all, Please read my recent article at Seeking Alpha, ZAGG: Why I'm Betting on a Breakout. http://seekingalpha.com/article/274235-zagg-why-i-m-betting-on-a-breakout

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