APPLE Trend update

• Price continues to trade inside the weekly cloud. Breakdown below 500 could start the slide. For bulls need a close above 555 for a bigger up move to happen.
• Daily chart shows 50 day SMA and daily cloud as crucial resistance levels.
• Last chart shows a support zone just above Golden ratio. If this support zone gets broken Golden ratio too may not hold and the stock could slide to much lower levels. Price holding above Golden ratio could start a bigger up move.
• FACEBOOK CHART UPDATE

-->