July 19, 2011

APPLE - Range breakout

  • AAPL daily chart is looking good for bulls.
  • If price continue to move above the trend line then we might see 400 soon.
  • Weekly chart has moved out of the range.
  • If Price remains above 360 - 364 level which is the breakout level  then 400 levels can be achieved.
  • Price closing the week below 360 will be negative for bulls
  • SPX Analysis after closing bell

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