August 19, 2011

APPLE Support line and 50 SMA

  • AAPL Testing 50 Day SMA again. Last fall to this level took support there.
  • Four hour chart also shows a possible support line.
  • Breach of both these levels can give good correction for apple.
  • If price holds 50 day SMA  then stock will move up to 380 levels again.
  • TRIANGLE OF MSFT

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