November 20, 2012

APPLE Trend update



  • Hammer of Apple is doing well so far, APPLE Daily chart moving towards 20 Day SMA and the falling resistance line shown in second chart.
  • Daily MACD is showing a buy signal.
  • Weekly stochastic too is shown a bullish crossover But one should be cautious as the stochastic lines are still in  oversold zone.
  • Bigger up moves possible on daily closing above 20 Day SMA and the falling resistance line shown in second chart.
  • APPLE WEEKEND UPDATE
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