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Technical analysis for apple 21-6-2015
APPLE Share moved last Friday in the average movement of 116 pips, its highest level at 127.54 and the lowest Level at 126.41 and closed at 126.41 to lose 100 pips, according to USA economic data.
APPLE moves in a series of up impulse waves after breaking the triangle, and it is expected that the share will go down to new lows.
It is expected that APPLE share is heading targeting 125.00 as the target on time frame of four hours and till 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 sharp trading because of many economic data from USA
Support level: 126.03 and 125.65 and 124.90
Resistance level: 127.16 and 127.91 and 128.29
For More Technical Outlook FxStations
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