June 28, 2015

 
  • Apple daily and weekly chart shows two support lines for bulls. For now bulls are lacking momentum. Bigger worry for apple bulls only below the weekly up trend line and the 123.1 level shown in monthly chart. Month chart shows a 3 month range. This range must break and weekly and Monthly closing basis for bigger directional moves to happen.



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"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