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| Technical analysis for APPLE share 22-7-2015 |
APPLE Share moved yesterday in the average movement of 208 pips, its highest level at 132.32 and the lowest Level at 130.24 and closed at 130.59 to retest the broken wedge to lose 165 Pips according to economic data from the USA.
Apple share opened today at 122.73 to make a large Gap below the wedge
APPLE moves in a series of up impulse waves after breaking the wedge
APPLE posts record Q3 profit, revenue double in china to13.2B
Iphone sales climbed 35% to 47.5M
It is expected that APPLE share is heading targeting 125.00 as a target on time frame of four hours and until 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 violent swing in equity markets because of the economic data from the USA
Support level: 129.78 and 128.97 and 127.70
Resistance level: 131.86 and 133.13 and 133.94
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