March 6, 2013

APPLE Resistance levels

  • One hour chart shown with the small GAP and 50 Hour SMA Which may act as resistance for Apple.
  • 2nd chart shows the neckline of head and shoulders which may act as immediate resistance level.
  • Trading above these resistance levels may give 445 levels.
  • Unable to trade above the neck line may lead to recent lows again.

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