Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 16, 2013
APPLE Chart update
APPLE daily has closed below 100 and 50 day SMA.
Price has also closed below middle bollinger band in daily time frame. Daily MACD is in sell mode in daily time frame.
Hour chart is showing a bullish candle but need to trade above 200 Hour SMA for a bounce to happen.
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