December 14, 2012

APPLE Support levels (Month and Week)

  • Apple monthly chart shows crucial lows made between 505 - 522 levels.
  • Apple month chart with Bollinger Band shows price near Middle bollinger band or 20 Month SMA. Price not violating this level will favor bulls of Apple.
  • Weekly chart shows the slopping support line and Oversold RSI. Bears need to break the support line on weekly closing basis for a possible target of 470. Week closing above the support line will save bulls from bigger falls.

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