- Apple weekly chart shows the bullish trend with the up trend line. No weakness yet in weekly chart.
- The two dips below the cloud did not last long and was followed by good up moves.
- Price for now is trading between 23.6% and The golden ratio. Bulls can extend the up move if price moves beyond 23.6% Fib level.
- Trend turning level could be the Golden ratio. Bears need to take price below this level for confirming weakness.
- BANK OF AMERICA WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 11, 2015
APPLE Trend Analysis
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