February 18, 2011

APPLE Near 50 hour moving average

  • Apple hour chart with 50 hour moving average.
  • Price is testing the moving average line. But stock has support near 348 levels.
  • 50 hour moving average has been giving good support till now. Dips below this moving average has been bought So we may see the price turning up from 348 levels.
  • Below 348 next stop is at 345
  • SPY CHART ANALYSIS

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