January 24, 2013

APPLE Chart analysis

  • APPLE Monthly chart shown with the up trend line near 460 - 470 zone.
  • Weekly chart shown with the same price zone.For bulls price should test this zone and get back above 100 Week SMA to close the week above 100 SMA. Closing the week below 100 SMA will attract more selling.
  • Month chart shown with price testing middle bollinger band. Price sustaining below 20 Month SMA too will attract more selling. 
  • DOW JONES TRIPLE DIVERGENCE
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3 comments:

  1. Sandeep KoppulaJanuary 24, 2013 at 9:38 PM

    Hi San,

    Google is out of the range and is looking good to test 52 week high.
    Netflix up 40%. I had a medium term target of 143. Never expected it this quick.
    Your expert views please on both of them :)

    Thanks,
    Sandeep

    ReplyDelete
  2. SanJanuary 24, 2013 at 10:44 PM

    @Sandeep Koppula
    NFLX Need to sustain above 133 for more high's.
    GOOG Looks good for 765.

    ReplyDelete
  3. Sandeep KoppulaJanuary 25, 2013 at 1:43 AM

    Thanks a lot San :)

    ReplyDelete

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