Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 5, 2011
APPLE Near 200 SMA
Price went down till the 200 SMA and started to reverse.
Price having broken 50 SMA is moving towards 200 SMA.
Trend line in weekly chart looks good for bulls despite this correction.
In the short term price momentum is with bears. 350 levels is good support area.
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