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Sunday, March 18, 2007

Charts:GOOG AAPL BIDU

Where is the bottom for GOOG?

It's $440.85 on Mar 16, 2007. The next testing $400 and $354.85 after that.

There's no positive volume showed on the weekly chart yet so there is no reverse signal by now.

The negative move pattern for BIDU seems changed.

It didn't recover quickly like the former 3 times. It broke $99.97 last week so the next support will be $89.38. After that, $78 is the strongest support level.

AAPL still maintains the positive volume trend.

I think it will trade between $86.4 to $93.16 for a while. If the market go down next few weeks, $80 is a very attractive price for the short term.

The positive volume pattern for AAPL seems changed too. The 1~3 positive volume brought higher price movement, the 4~5 got lower price. 1~3 seems like real purchase and 4~5 like Short-squeezed.





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