Apple rode a wave of enthusiasm on its Friday close at an all time high of $459.68 USD at a rise of $4.56 USD or 1.00 percent. That Friday enthusiasm seems to be replaced with some serious pessimism this morning as the pre-market price is already off by $1.77 at 8:59am. With no major news over the weekend out side of Apple once again selling 3G products in Germany, there is nothing really weighing on the stock outside of a bit of profit taking. Look for the stock to rise back to the 458.00 per share range during regular trading. Any real push through the $460 mark is near but with so many uncertainties in Germany after last week, many investors may wait for more news before jumping back on the band wagon.
Please follow and like us: