- Apple month chart shows the Pin Bar pattern and the following correction. This correction may target the lows of March and May months which is 516 and 522 levels.
- 522 level is looking crucial for this week if price stays above this level and if it manages to close the week above the Ichimoku cloud and 50% Fib level we may see the stock bounce in the coming week.
- If the stock breaks below 522 and 516 then it could lead to sub 500 levels, 493 is the Golden ratio as shown in the last chart.
- S&P 500 ANALYSIS AFTER CLOSING BELL
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 9, 2012
APPLE Support levels
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