Monday, June 29, 2015

Technical analysis for APPLE 29-6-2015

Technical analysis for APPLE 29-6-2015
Technical analysis for APPLE 29-6-2015


APPLE Share moved last Friday in the average movement of 147 pips, its highest level at 127.84 and the lowest Level at 126.40 and closed at 126.82 to Lose 65 pips, according to economic data from USA.

APPLE moves in a series of up impulse waves in the triangle form, and now it is trading close to the lower limit that is expected to it is expected to fall back to new highs

It is expected that APPLE share is heading targeting 128.00 as the target on time frame of four hours and till 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 sharp trading because of many economic data from USA

Support level: 126.20 and 125.58 and 124.76

Resistance level: 127.64 and 128.46 and 129.08

For More Technical Outlook FxStations

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