Technical analysis for APPLE share 7-7-2015

Technical analysis for APPLE share 7-7-2015

APPLE Share moved yesterday in the average movement of 120 pips, its highest level at 126.05 and the lowest Level at 124.89 and closed at 125.82 to Gain 70 Pips according to economic data from USA.

APPLE moves in a series of up impulse waves in the triangle form, and now it is trading close to the lower limit that is expected to it is expected to fall back to new highs

It is expected that APPLE share is heading targeting 127.50 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: 125.12 and 124.42 and 123.96

Resistance level: 126.28 and 126.74 and 127.44

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