Thursday, August 20, 2015

Technical Outlook For Apple 20-8-2015
Technical Outlook For Apple 20-8-2015


APPLE Share moved yesterday in the average movement of 181 cent, its highest level at 116.39 and the lowest Level at 114.58 and closed at 114.98 to lose 92 cent according to economic data from the USA.


Apple share opened today at 113.85.

APPLE moves in a series of down corrective waves after breaking the triangle.

It is expected that APPLE share is heading targeting 111.16 as a target on time frame of four hours and until now we see the Bears control on market direction.

the Relative Strength Indicator "RSI" show us distribution operations at the market.

Support level: 114.24, 113.50 and 112.43
Resistance level: 116.05, 117.12 and 117.86
More Technical Outlook FXS

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