October 24, 2010

APPLE Weekend Update

DAILY CHART
HOUR CHART
  • Apple Daily chart showing the supporting trend line and the resistance line.
  • It seems the stock will get another lift from the supporting trend line.
  • The Hour chart shows that the current correction may be limited to 300 levels. If the stock gets support at the trend line it may lead to a breakout of the above trend line which can take out 318 levels again.
  • DIAMOND PATTERN OF S&P 500

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