January 20, 2017

APPLE Resistance line

  • Apple daily chart is moving towards a resistance line.
  • Price yet to hit the upper resistance line. Weakness from the resistance line and breaking the rising support line may take price towards 110 levels.
  • But the Larger time frame is looking bullish for now. If month sustains above 121 then another visit to 133 levels are possible in the Medium term. 

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