September 29, 2012

APPLE Weekend update

 
  • Apple Monthly chart with a bearish Pin Bar candle.
  • Weekly chart shows MACD Negative divergence. 
  • Daily chart closed below 20 Day SMA. Immediate support levels are 655 and 50 Day SMA.
  • Bigger correction can be seen once price below 50 Day SMA and 644 levels.
  • SPY WEEKEND UPDATE

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