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| Technical analysis for APPLE share 3-8-2015 |
APPLE Share moved last Friday in the average movement of 148 pips, its highest level at 122.37 and the lowest Level at 120.88 and closed at 120.99 to Lose 125 Pips according to economic data from the USA.
Apple share opened today at 121.21 and went up to 122.40
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 achieved our target at 120.90
It is expected that APPLE share is heading targeting 123.30 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: 120.45 and 119.92 and 118.96
Resistance level: 121.94 and 122.90 and 123.43
More Technical Outlook FxStations
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