July 23, 2012

APPLE Chart analysis

  • APPLE Near 100 Day SMA.
  • Four hour chart near channel support line.
  • For a bigger fall apple must close the day below 100 Day SMA.
  • Breaking the channel support line and closing the day below 100 SMA may target 560 zone in the short term.
  • Holding above 100 Day SMA may save bulls from the above mentioned correction.

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