April 7, 2013

APPLE Weekend update

 
  • Daily Chart shows price near crucial support and resistance line. A Daily close below 419 will extend gains for Apple bears, Price may fall below 400 levels. For apple bulls need a close above the resistance line with good volumes on Monday which may also make Friday's candle a short term reversal candle.
  • Second chart shows weekly time frame giving another beautiful bearish cross, 20 Crossing below 100 SMA.
  • Last chart shows the MACD Histogram and price Diverging positively But MAC Lines are not looking so bullish. Blue is line is moving down from red line which will avoid a bullish cross and more down moves could happen.
  • FACEBOOK RESISTANCE LEVELS
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1 comment:

  1. Markets Quantified
    NIFTY 05-Apr-2013
    Current Market Situation :

    NIFTY current close : 5553
    NIFTY resistance level : 5589
    NIFTY support level : 5361
    NIFTY sentiment : sideways
    NIFTY dominant cycle period : 15 days


    Levels Tomorrow :

    NIFTY intraday resistance 1 : 5577
    NIFTY intraday resistance 2 : 5603
    NIFTY intraday resistance 3 : 5642

    NIFTY intraday support 1 : 5530
    NIFTY intraday support 2 : 5503
    NIFTY intraday support 3 : 5464
    Markets Quantified

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