March 5, 2013

APPLE Chart analysis



  • APPLE Monthly chart shows price below Middle Bollinger band If price continue to sustain below the resistance line stock may move towards Monthly Lower Bollinger Band.
  • Weekly chart shows the crucial channel which can invalidate the above view if price gets out of it.
  • Weekly price and MACD continues to show positive divergence without price confirmation of an up move instead price continues to give new lows.
  • S&P 500 ANALYSIS AFTER CLOSING BELL
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