May 31, 2012

APPLE Chart Analysis

  • Apple 30 Minutes chart shows price moving up in a bearish rising wedge pattern. 
  • One hour chart shows price moving up above 50 Hour SMA. So for a bigger fall price must break below the support line and 50 Hour SMA.
  • For bulls of apple price sustaining above 575 - 578 zone may lead to an upper breakout.

No comments:

Post a Comment