October 17, 2011

APPLE Negative Divergence

  • Daily chart has hit the top bollinger band.
  • MACD divergence may take affect after moving up some more. 
  • 431 is where the resistance line is price may give a false breakout and then start to fall.
  • So the resistance level will be between 431 - 440 area.
  • SPY INDICATOR STATUS

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