 |
| Technical analysis for APPLE share 9-7-2015 |
APPLE Share moved yesterday in the average movement of 200 pips, its highest level at 124.43 and the lowest Level at 122.51 and closed at 122.56 to Lose 185 Pips according to economic data from USA.
APPLE moves in a series of down corrective waves after breaking the triangle form, and now it is trading below to the lower limit that is expected to it is expected to fall down to new lows.
It is expected that APPLE share is heading targeting 121.20 as the target on time frame of four hours and till now we see the Bears control on market direction
And the Relative Strength Indicator "RSI" show us distribution operations at the market
Today we could see sharp trading because of many economic data from USA
Support level: 121.90 and 121.24 and 119.98
Resistance level: 123.82 and 125.08 and 125.74
For More Technical Outlook FxStations
0 comments:
Post a Comment