My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 14, 2012
APPLE Support levels (Month and Week)
Apple monthly chart shows crucial lows made between 505 - 522 levels.
Apple month chart with Bollinger Band shows price near Middle bollinger band or 20 Month SMA. Price not violating this level will favor bulls of Apple.
Weekly chart shows the slopping support line and Oversold RSI. Bears need to break the support line on weekly closing basis for a possible target of 470. Week closing above the support line will save bulls from bigger falls.
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