March 10, 2013

WEEKLY CHART
DAILY CHART
  • RSI and Price in daily chart is showing good negative divergence.
  • Daily chart need to close below 822 levels for a correction to start. Close below 5 Day Low Ema will confirm weakness in this time frame.
  • Weekly chart is yet to trigger the stochastic sell signal.
  • APPLE WEEKEND UPDATE
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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore