March 12, 2011

APPLE Bullish engulfing

  • Apple daily chart will confirm a bullish engulfing pattern on its up trend line.
  • If price closes today above 350 the pattern will be completed.
  • And the pattern is more important because it has come at a trend line. So closing the day and week above 350 will favor bulls in the coming weeks.
  • SPX DIAMOND PATTERN