My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 19, 2016
APPLE Trend update
Apple Month chart shows price falling towards the rising support line. For the current month candle the line near 84 levels approximately.
Weekly chart with Fib levels shows price at 50% retrace level. Close below this level may take price towards the golden ratio which is near the Monthly rising support line. So its crucial for Apple bulls to defend 50% Fib level.
Hourly chart with Ichimoku cloud shows a trending move. Bears need to sustain below the cloud to extend gains.
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