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| Technical analysis for APPLE share 13-7-2015 |
APPLE Share moved last Friday in the average movement of 264 pips, its highest level at 123.73 and the lowest Level at 121.13 and closed at 123.24 to Gain 120 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 below to the lower limit that is expected to it is expected to fall down to new lows.
We saw the APPLE share achieved our target at 121.20
It is expected that APPLE share is heading targeting 119.40 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: 121.67 and 120.10 and 119.07
Resistance level: 124.27 and 125.30 and 126.87
For More Technical Outlook FxStations
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