Thursday, March 3, 2011

AAPL Apple Weekly Chart Overbot Rising Wedge Negative Divergence

AAPL Apple weekly chart shows overbot conditions, rising wedge and negative divergence so a move down over the weeks ahead is anticipated. ADX shows a strong trend remains in place for the bulls, however. Watch the price move down thru the 10 MA to verify signs of weakness ahead. 320 is key support.  This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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