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Supports and Resistances
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AAPL : Apple Support and Resistance
13 years 1 month ago #3440
by Paitech
Replied by Paitech on topic AAPL : Apple Support and Resistance
Hi remo,
whats ur thoughts on Apple?
This is down around 10% now to 459$.
Also, do you know how to trade this on IG markets... I cant find AAPL.
I am not planning to trade, but like to add in my list to check the charts
ta
G
whats ur thoughts on Apple?
This is down around 10% now to 459$.
Also, do you know how to trade this on IG markets... I cant find AAPL.
I am not planning to trade, but like to add in my list to check the charts
ta
G
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13 years 3 months ago #1000
by madmaxx
Replied by madmaxx on topic AAPL : Apple Support and Resistance
The following user(s) said Thank You: ftse80
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13 years 3 months ago #983
by remo
click on image to enlarge.
Support. 570,,562(gap),,548.5,,522.18(strong support 100% retrace),,516.2,,479(minor trend line),,476.68(gap),,448(main trend line),,425.1(gap strong support)
Resistance. 604(gap),,621(down trend line)
click on image to enlarge.
If you look at the weekly chart you can see a clear island reversal. If only i spotted this earlier.
I suspect that this is going to do a full retrace back down to 522.18 at which point id go long with a $10 stop .below the near by support. If that level fails then its heading towards the main trend line.
who would have thought apple could go down so quickly.....This goes to show no company is immune.
DYOR
remo
AAPL : Apple Support and Resistance was created by remo
click on image to enlarge.
Support. 570,,562(gap),,548.5,,522.18(strong support 100% retrace),,516.2,,479(minor trend line),,476.68(gap),,448(main trend line),,425.1(gap strong support)
Resistance. 604(gap),,621(down trend line)
click on image to enlarge.
If you look at the weekly chart you can see a clear island reversal. If only i spotted this earlier.
I suspect that this is going to do a full retrace back down to 522.18 at which point id go long with a $10 stop .below the near by support. If that level fails then its heading towards the main trend line.
who would have thought apple could go down so quickly.....This goes to show no company is immune.
DYOR
remo
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