May 22, 2012

APPLE Chart Analysis


  • Apple daily chart gave a bullish candle But there was no big volume change for this up move.
  • Price need to cross 20 SMA on closing basis to extend this up move. 
  • The bearish cross and 50 SMA will be challenging for apple bulls if price manage to extend this oversold bounce.
  • S&P 500 ANALYSIS AFTER CLOSE



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