I wanted to highlight a few key technology stocks that are bumping up against overhead resistance, whether via the 200 day moving average or prior price levels.

Let’s start with everyone’s favorite: Apple, Inc ( AAPL ):

AAPL is actually trapped between two levels of prior support/resistance, and should have massive support about the $145 area, which is derived from prior resistance and the 20 and 50 weekly exponential moving averages.

Resistance comes in the form of prior support (which may not be all that difficult for traders to clear).

Notice also the non-confirmation by volume on the most recent price swing higher, which has taken us to further resistance (not shown) via the 61.2% Fibonacci retracement level just beneath $170 per share.

Adam Hewison of MarketClub recently analyzed both Apple and Amazon prior to their earnings announcements, and the video demonstrates some of the key features (including an inside peek!) of being a member of Market Club (and shows their ‘trade triangle technology’ signals and scans).

Ebay (EBAY):

Ebay is having trouble overcomin