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Friday, October 14, 2011

Apple Testing the Resistance



Steve Jobs soul and essence will always be with the Apple after his great contribution as one of the most successful CEO of this generation.









Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD -  Bullish Crossover formed and thrusting toward to 0 to be uptrend. ( Bullish)
4) RSI - Broke 50% and going up ( Bullish )
5) Sto -  Broke above 80%( Bullish)
6) ADX - weak momentum and Bullish
7) Candle Stick - White Candle Piercing ( Bullish)




0 Points







       7 Points







Conclusion


Winner BULL

Trying to test the previous high at 423 and break this with the blessing of Steve Job it will able to go up sky high..
Entry Price 425
Take Profit  at 439, 448 and 456
Support at 392

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)


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