August 28, 2013

APPLE Support and Resistance levels

  • Apple MACD looks bearish and if price falls below 20 Day SMA at 482 It may extend correction towards the 200 Day SMA.
  • Immediate support levels for Apple at 482 and 484 which is the 20 SMA and the 23.6% Fib level.
  • Weakness in weekly chart at 100 Week SMA is helping bears to extend gains. A bearish weekly candle here will strengthen bears further.

No comments:

Post a Comment