August 26, 2013

APPLE Weekend update

  • First chart shows the smaller corrections during this up move. For now though price is testing a crucial resistance level so one has to wait and watch if price is able to break above this level.
  • Weekly chart shows a bearish candle at 100 Week SMA.
  • Fibonacci levels also shows a pause candle at 38.2% Fib level. So for further up moves price must close the day above 507 levels. Bearish or weak below 498 levels.
  • FALLING Wedge of INTEL

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