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Monday, August 10, 2015

Technical analysis for APPLE share 10-8-2015

Technical analysis for APPLE share:
Technical analysis for APPLE share:



APPLE Share moved last Friday in the average movement of 160 pips, its highest level at 116.14 and the lowest Level at 114.55 and closed at 115.07 to Gain 38 Pips according to economic data from the USA.


Apple share opened today at 116.66 and went up now to 118.18

APPLE moves in a series of down corrective waves after breaking the wedge.

It is expected that APPLE share is heading targeting 116.00 as a target on time frame of four hours and until now we see the Bulls control on market direction

And the Relative Strength Indicator "RSI" show us accumulation operations at the market

Today we could see violent swing in equity markets because of the economic data from the USA


Support level: 114.36 and 113.66 and 112.77
Resistance level: 115.95 and 116.84 and 117.54
More Technical Outlook FxStations

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