January 31, 2014

APPLE evening star Candlestick pattern

 
  • Apple daily chart looks like price moving towards 200 Day SMA. Weekly chart too looks bearish as the stock is set to close below 20 Week SMA.
  • Monthly chart is about to confirm a Bearish Evening start candlestick pattern. Price closing below 20 Month SMA will favor bears in the medium term.
  • SPY ANALYSIS AFTER CLOSING BELL
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