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Thursday, January 3, 2013

$AAPL is bullish again.Could we see fresh new highs on 2013?. Why I don't think so.

We present these two charts, one daily, the other one hourly. 595.07 shall be the barrier that must hold off the price, so that it can continue its downward path. We're counting, for now, this bullish wave as a sub minute wave 2.

Hourly chart

Daily chart

1 comment:

  1. It is a classic battle of technicals vs. fundamentals.