In June, AAPL
acknowledged that some of the stock options awarded to employees might have been mishandled, and launched an investigation that found accounting irregularities between 1997 and 2002.
With the rest of the stock's sentiment indicators remaining the same from the last time we looked at AAPL
(13 "buys" out of 17 ratings on Wall Street, and a short-interest ratio of less than two), let's skip ahead and take a look at how the stock has fared on the technical front.
In fact, AAPL
has challenged and failed to overcome the 92 area for the past seven trading sessions.
According to Zacks, 13 of the 17 analysts following AAPL
rate it a "buy" or "strong buy.
Click here to see a Daily Chart for AAPL
since June 2006 with 10-day and 20-day moving averages, and a Monthly Chart of AAPL
since September 2004 with 10-month and 20-month moving averages: http://www.
reverse course in an attempt to reclaim this level, it could see a considerable degree of options-related resistance.
com where they can access all seven videos and learn more about AAPL
and the land profession.
) from a "sell" to a "strong sell".
is a Zacks #2 Rank stock ("buy") classified in Computer-Micro, a group that also contains Dell (Nasdaq:DELL), a Zacks #1 Rank stock.
) real time stock quote as of Feb 27 as published by NASDAQ OMX is at $516.
has topped expectations by a margin of 10 cents or better during three out of the past four quarters.
) may have beaten its own (http://www.