November 17, 2010

APPLE near support area

CHART-II
  • Oversold stochastic shown yesterday has given a gap up for Apple.
  • Support at 300 has stopped the correction for now. Closing near the high will confirm the reversal. 
CHART-I
  • Apple looks oversold and trading near important support level in daily chart.
  • Supports for the stock is at 300 and 294.
  • It is trading above 300 with oversold stochastic readings, this should give a meaning full bounce from here.
  • SPY SUPPORT AND RESISTANCE LEVELS

No comments:

Post a Comment