Okay so as you see the yellow dotted line. It's acting as a support and also as a resistance in the past. If we analyse the previous record we can see it is very easily broken and hence not a stable resistance or a support. So it gas 99% chances of breaking it and continue in the upward director for an hour or two.
Okay so I've analysed recent NASDAQ:AAPL chart activity and we may expect a fall.
First of all it fell from a certain level and then arrived at the same level but still a little below. This may very-well form a reverse head and shoulder chart pattern and as per various indicators, it's a very well strong sell.
Although it may consolidate between the levels...
Okay, so after surfing through Amazon Inc.'s stock chart in various time frames. I was able to draw Strong Support and Strong Resistance levels respectively. So when the market opens up; as per my prediction there should be a breakout in the upward direction. As the level on which the current candle is standing is strong. Because whenever a breakout happened at...
