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| Technical analysis for APPLE share 30-7-2015 |
APPLE Share moved yesterday in the average movement of 121 pips, its highest level at 123.34 and the lowest Level at 122.18 and closed at 123.03 to Gain 22 Pips according to economic data from the USA.
Apple share opened today at 122.27
APPLE moves in a series of down corrective waves in the wedge and now it is trading close to the lower limit of the form
We saw the share traded yesterday close to our target
It is expected that APPLE share is heading targeting 120.90 as a target on time frame of four hours and until 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 violent swing in equity markets because of the economic data from the USA
Support level: 122.36 and 121.69 and 121.20
Resistance level: 123.52 and 124.01 and 124.68
More Technical Outlook FxStations
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