January 10, 2013

APPLE Chart update

 
  • Month chart of apple shows bulls trying to hold above 20 Month SMA. Price may test this zone again, If this is not held we may see a bigger correction in apple.
  • Weekly chart shows crucial support between 500 - 505. Trading below 500 may lead to a quick fall towards 100 Week SMA at 476.
  • For bulls daily chart shows 20 and 50 SMA as the Immediate hurdles. Price must trade above 550 levels for a possible turn of the short term trend. 
  • MICROSOFT IN A RANGE
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