- Day of Apple closed near 50 Day SMA. Price is yet to test the Daily Ichimoku cloud as seen in the 2nd chart.
- Weekly chart shows a bearish candle with one of the highest volume in recent times.
- Price has fallen from 644 to 570 levels and the Weekly MACD sell signal is yet to come. If bears get a sell signal then things will be bad for Apple Bulls. It's only a possible scenario and let 50 Day SMA or the Daily cloud save Apple bulls from a bigger fall.
- APPLE TREND UPDATE
- S&P 500ANALYSIS AFTER CLOSING BELL
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 21, 2012
APPLE Weekend update
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