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| Technical analysis for APPLE share 5-8-2015 |
APPLE Share moved yesterday in the average movement of 425 pips, its highest level at 117.39 and the lowest Level at 113.20 and closed at 115.50 to Lose 184 Pips according to economic data from the USA.
Apple share opened today at 112.79 and went up to 115.29
APPLE moves in a series of down corrective waves after breaking the wedge.
It is expected that APPLE share is heading targeting 116.20 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: 113.33 and 111.17 and 109.14
Resistance level: 117.52 and 119.55 and 121.71
More Technical Outlook FxStations
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