My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 7, 2013
APPLE Weekend update
- 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
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