February 6, 2013

APPLE Resistance levels

 
 
  • First chart shows immediate resistance levels for apple in One hour chart between 462 - 465.
  • Fib levels of 4 Hour chart shows 23.6% near the above mentioned resistance zone.
  • Last chart shows a falling wedge in daily chart which has broken on the wrong side. Now bulls can make a bigger pullback if price break back into this pattern again.

1 comment:

  1. Nikkei and Money Printing and your Fiat Retirement and Healthcare
    We have what looks like a bull market, and if it looks like a bull, it is a bull. Unless of course it's a bull trap, and not a mini-1 day huge 1% drop "Biggest drop of the whole year" with bears salivating and piling on AFTER the initial morning move, AND getting killed the next morning gap up.

    Funny how that works. Good Nikkei future chart here, and some more rant on retirement accounts.

    http://oahutrading.blogspot.com/2013/02/nikkei-and-money-printing-and-your-fiat.html

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