October 13, 2012

APPLE Weekend update


  • Bearish PIN bar of monthly chart is doing well so far. Bearish Doji Star of weekly chart has led price towards 20 Week SMA.
  • Up trend line and 50 Day SMA too is at the current level. Breaking this level strengthen bears further for deeper correction. Holding above these levels may give an oversold bounce in favor of apple bulls.
  • SPY ANALYSIS AFTER CLOSE
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