Wednesday, July 8, 2015

Technical analysis for APPLE share 8-7-2015
Technical analysis for APPLE share 8-7-2015

APPLE Share moved yesterday in the average movement of 235 pips, its highest level at 125.99 and the lowest Level at 123.68 and closed at 125.52 to Lose Just 12 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 127.50 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: 124.13 and 122.75 and 121.82

Resistance level: 126.44 and 127.37 and 128.75


For More Technical Outlook FxStations

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