Saturday, 18 June 2011

Apple

Apple needs to see a low very soon,ideally Monday,which would mean we had a 4 month correction and the uptrend can resume.Failing that a 6 month correction would become a strong possibility,with the red ellipse being a distribution pattern.Friday was a bearish black long bodied candle.Closing above the 25% retracement would be bullish

No comments:

Post a Comment