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| Technical analysis for APPLE share 29-7-2015 |
APPLE Share moved yesterday in the average movement of 1335 pips, its highest level at 123.80 and the lowest Level at 122.48 and closed at 123.78 to Gain 45 Pips according to economic data from the USA.
Apple share opened today at 122.80 to make a Gap below the wedge
APPLE moves in a series of down corrective waves in the wedge
APPLE posts record Q3 profit, revenue double in china to 13.2B
Iphone sales climbed 35% to 47.5M
It is expected that APPLE share is heading targeting 121.70 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: 122.90 and 122.03 and 121.58
Resistance level: 124.22 and 124.67 and 125.54
More Technical Outlook FxStations
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