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| Technical analysis for APPLE share 4-8-2015 |
APPLE Share moved yesterday in the average movement of 487 pips, its highest level at 122.40 and the lowest Level at 117.57 and closed at 118.57 to Lose 262 Pips according to economic data from the USA.
Apple share opened today at 117.33 and went down to 116.28
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
It is expected that APPLE share is heading targeting 113.70 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: 116.62 and 114.68 and 111.79
Resistance level: 121.45 and 124.34 and 126.28
More Technical Outlook FxStations
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