August 13, 2011

  • Bears of AAPL need the stock to dip below 364 and the last swing low which is 353.
  • Bulls will be safe as long as they stay above 20 week moving average as shown in 2nd chart
  • Bulls can extend profit if they are able to close above 20 Day Moving average.
  • Bears need 20 DMA to act as resistance.


All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.


Blog Archive

Powered by Blogger.

My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore