- Apple weekly chart is showing bearish candles.
- Daily chart is also correcting from a bearish candle. But price is yet to test the all important 20 Day SMA for a bigger fall price has to stay below 20 Day SMA.
- Last chart which is the daily time frame shows Big negative divergence between price and MACD Histogram. MACD signal lines too has given a sell. Now for bears of apple price need to close below 20 day sma for a bigger correction to unfold.
- GOOGLE BEARISH WEEKLY CANDLES
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 31, 2012
APPLE Weekend update
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Nice. Apple deserves its own box all the time during trading hours now.
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