June 16, 2011

APPLE Triangle pattern

CHART-II (TRIANGLE UPDATED)
  • Price broke the triangle and went till 318 level where it took support and came back into the pattern. a busted triangle if goes in the opposite direction may favor bulls.
CHART-I
  • AAPL Hour chart with a triangle pattern.
  • If price breaks below 320 - 322 Level this can be a Head and shoulders pattern.
  • Above 333 things will favor bulls again.
  • US DOLLAR HITS RESISTANCE LINE

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