themarketzone

Broke major support last week - Is it a long term bearish signal

NASDAQ:AAPL   Apple Inc
$AAPL             declined last week below the 124$ support zone and closed below it. As we approach earnings , this could be a major bearish signal, possibly hinting about a shift in trend.
130$-133$ is now set as the top for $AAPL             and it is a potential sell zone should the price try to test it again.
Before that, $AAPL             will have resistance near 128$ and of course near 125$ (nearest resistance) assuming that the price will open below it.

Read the full analysis and more interesting trading ideas for stocks and FX in this week's WMA newsletter:
http://marketzone.tumblr.com/post/123893969880/the-weekly-markets-analysis-the-never-ending

Become an Elite Zone member:
http://www.themarketzone.net/#!the-elite-zone/ce9a

Subscribe to the newsletter (free):
http://www.themarketzone.net/#!wma/c1jxp

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out