Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 6, 2012
APPLE Chart analysis
Apple daily chart nearing 78.6% Fibonacci level which may act as resistance.
Hour chart with MACD Histogram shows negative divergence.
Hour chart is trending up above 20 Hour SMA. For the negative divergence to work well price must close below 20 Hour SMA.
Share to Twitter
Share to Facebook
Share to Pinterest
Post a Comment
Post Comments (Atom)