Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 15, 2013
APPLE Hour chart update
Apple bearish cross continues to do well.
Price has fallen below 200 Hour SMA. Sustaining below it should extend the fall further.
Price is testing 50% Fib level. Hour close below this level may extend this up to the golden ratio before a bounce could happen in this time frame.
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