Tuesday, July 14, 2015

Technical analysis for APPLE share 14-7-2015

Technical analysis for APPLE share 14-7-2015
Technical analysis for APPLE share 14-7-2015

APPLE Share moved yesterday in the average movement of 150 pips, its highest level at 125.64 and the lowest Level at 124.23 and closed at 125.54 to Gain 72 Pips according to economic data from USA.

APPLE moves in a series of down corrective waves after breaking the triangle form, and now it is trading around the lower limit that is expected to fall down to new lows.

It is expected that APPLE share is heading targeting 124.50 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: 124.63 and 123.72 and 123.22

Resistance level: 126.04 and 126.54 and 127.45



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