Apple Inc. Archive

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Google Purchase of Motorola Mobility Shakes Up Media and Technology Sectors

By
king1
– August 22, 2011
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By Relmor Demitrius -

Google Purchase of Motorola Mobility

Google Purchase of

Google Inc. (NASDAQ:GOOG) announced yesterday it offered Motorola Mobility Holdings (NYSE:MMI) 12.5 billion dollars in a buyout offer.  This is good for $40 a share and the offer was accepted by the board.  It was a 60% premium over the current trading price.  The Android Platform appears to have solid footing even more so now.  What does this mean for the cell phone space?  Does this move have media and other technological competitive implications?  Where does this lead us in 2 years?  5 years?  Will Sirius XM Radio (NASDAQ:SIRI) be affected by this in any way?  What about Research In Motion (NASDAQ:RIMM) and HTC?  Should Apple (NASDAQ:AAPL) worry?  Is this a showdown between Google and Apple?  Who wins?

Join KOAT Blog Talk Radio, tonight at 9 PM Eastern Time as we attempt to answer these and other questions in the media and technology spaces.  Callers welcome for questions or comments as the investor community works together to answer these questions and more.   Here is the link for tonight’s show.

http://www.blogtalkradio.com/kingofalltrades.

Callers welcome any time at : (323) 784-9623 – Come Join Us

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2

Relmor’s Pick of the Week: Apple Inc. (NASDAQ:AAPL)

By
king1
– July 12, 2010
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By Relmor Demitrius

 

Apple Inc. stock has broken resistance at the $258 price and is looking to make an upward move this week.  Bringing up our chart of Apple (NASDAQ:AAPL) it appears a new up wave is forming.  Looking at the posted chart you will see Apple has been making new lows on their declines.  Notice the price points for the following dates: 5/7 the low was $225;  5/21 the low was $231; 6/10 the low was $242; 7/2 the low was $243.  If you notice the same chart you will see I am running a trendline right now that is holding support at around $249 area.  

Aggressive traders can find this trendline a nice buy, or an aggressive sell, depending on where you bought, your risk tolerances, and your expected direction.  As a short term trade, you will want to hold over the fibanocci retrace support of $258 level, mentioned above.  Medium term traders will want to hold over that trendline, knowing that breaks do occur.  So to be safe, were going to set up our stop losses right at that $242 support area for medium or even long term traders.  These will be your two support areas to watch.  If that support breaks, I would step aside for now.  Take a step back and reevaluate the chart at a latter date.  For resistance were looking at a nice sell target possible of $275.  Possible this leg will test the $280 level.  No time targets for these prices right now.

Fibanocci retrace resistance at $258 has broken, opening up the possibility of another test to $280 price.  Should be a good week for Apple if the main markets stay flat or advance.  This information is of course news neutral.

For up to date financial news, fundamental and technical analysis, and forum discussions on all investments and trades, visit www.kingofalltrades.com.

 Apple_Chart

Disclosure:  No Position AAPL

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