November 11, 2013

APPLE Chart update

  • Weekly chart shows price continues to trade in a range between 38.2% and 50% Fib level.
  • 100 Week SMA too is trying to protect bulls from a bigger fall. Closing above this level will strengthen apple bears.
  • Daily chart shows negative divergence which is why the stock is moving sideways to negative. Price need to sustain below 20 Day SMA for the divergence to be effective.
  • TESLA Weekend update
  • BANK Of America Weekend update
  • GROUPON Weekend update

No comments:

Post a Comment