My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 7, 2013
APPLE Weekend update
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjROGsDyU-sbfsdh84LrmwmP5JzrDrVzSktVcAjqIlD8d55R7_3HayAzzx3wtkGHeF9clbWotsbcSlC1p1yaBvc__3q-sD97crMXOk7r-BMErSiOrLL96I-wVCzyuhPqeUDicUOXZh_V6s/s640/APPLE+WEEKLY+CHART.png)
- Daily Chart shows price near crucial support and resistance line. A Daily close below 419 will extend gains for Apple bears, Price may fall below 400 levels. For apple bulls need a close above the resistance line with good volumes on Monday which may also make Friday's candle a short term reversal candle.
- Second chart shows weekly time frame giving another beautiful bearish cross, 20 Crossing below 100 SMA.
- Last chart shows the MACD Histogram and price Diverging positively But MAC Lines are not looking so bullish. Blue is line is moving down from red line which will avoid a bullish cross and more down moves could happen.
- FACEBOOK RESISTANCE LEVELS
Subscribe to:
Posts (Atom)