December 21, 2011

APPLE Ascending Triangle

  • Apple hour chart is showing an ascending triangle pattern.
  • Resistance level is at 396.29. 
  • Daily chart is staying above 50 Day SMA which will favor bulls of AAPL.
  • For making progress on the upside price has to sustain above 396 levels. Next resistance is at 409 levels.
  • GBPUSD HITS RESISTANCE LINE


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