April 27, 2013

APPLE Inside Day and Positive Divergence

4 HOUR CHART
WEEKLY CHARTS
  • Apple 4 Hour chart shows price testing the broken support level of 419. For extending this up move price must stay above this level.
  • Weekly chart shows and Inside Day formation which should give a bigger up move if price moves above 427 levels. Things will favor bears below 385. With positive divergence in weekly this formation may favor apple bulls for a decent bounce in the coming week.
  • GOLD RESISTANCE LEVELS
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