July 24, 2013

APPLE Support and Resistance levels

  • Second chart shows price closing at crucial support zone of 418 - 419. Price has reversed from this area as marked in the chart.
  • Price is also seeking support from 20 Day SMA. 
  • Resistance level is between 429 and 431 which are 50 and 100 day SMA respectively. These two has to be crossed on closing basis for a bigger up move to happen 
  • SILVER Chart analysis

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