AAPL earnings afterhours got hit hard. Although estimates were beat, market didn't like its guidance...although they always guide conservatively. Folks on the tube is saying IPOD sales losig momentum. I-Phone sales is the new product to continue momentum but since in recession, folks are not willing to buy.
It got as low as 33 last night. I expect it to bounce up to 145-150...area of previous gap. Will need to see how stock reacts when it gets into that level which can be resistance/support.
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