November 25, 2012

APPLE Weekend update

 

  • APPLE Closed the day above 20 Day SMA.
  • Immediate resistance level is the falling resistance line from 705 through 652. Above this line price may test its 200 Day SMA.
  • Weekly chart shows a turnaround and close above 50 Week SMA after 8 Weeks of negative candles for bulls. Sustaining above 50 Week SMA should extend gains for Apple Bulls.
  • RIMM WEEKEND UPDATE

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