Technical chart analysis

Since March 2010, Apple (before resuming its uptrend) has tagged its 50-day moving average 3 separate times; in 2012 it has yet to do that.  This is a possible destination that Apple can head to if macro economic conditions continue to worsen. In the past few weeks, Apple was in a bear channel and as soon as it touched its middle bollinger band, it quickly reversed upward, which is a very impressive sign of strength.  Apple's powerful reversal encountered resistance highlighted by the dotted horizontal line.


Fundamentally, the stock is cheap, but the technicals say it can get less expensive. That doesn't necessarily say it will happen though; Technical Analysis is just about measuring probabilities.


Check out: 

Amazon's Fast Two Week Drop Explained

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Source: Chart Learning - Learn to Trade Stocks With Technical Analysis

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Using Technical Analysis to trade gold...(short)

2011-09-23 08:39:29 by KingMoney_NYC

The short revisted...
Original call 8-19-11, gold was at an all time high of ~$1850

Here is the original chart with analysis from August 19. Gold at $1850

Here is the Updated chart of gold (September 23), showing the confirmation of the trend, with a red candle. Gold at $1690

Technical Chart Analysis: Facebook's Dead Cat Bounce  — Wall St. Cheat Sheet
By Damien Hoffman Facebook (NASDAQ:FB) shares are FINALLY catching a breather. But don't get too carried away. The selling has been so deep and severe, there will be dead cat bounces along the way. Just a dead cat bounce? Well, I would normally think …

Apple Challenging Resistance  — Inside Futures
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Indian rupee skids to new low; more falls seen  — Reuters India
Citing technical chart analysis, Standard Chartered said in a report on Tuesday the rupee could fall to as low as 58.62. Given the absence of government measures, traders have focused on steps the Reserve Bank of India could take.

Brent edges up toward $108, Greece weighs  — Reuters
Barclays Capital's technical chart analysis team predicted further sell-offs in oil markets, saying it was bearish on both crude benchmarks in the medium term. The bank's analysts are usually among the most bullish on oil prices, along with its US peer …

dollar at all-time high  — Business Recorder
Citing technical chart analysis, Standard Chartered said in a report on Tuesday the rupee could fall to as low as 58.62. Until, now the rupee has fallen more than five percent this year against dollar to make it the worst-performing Asian currency …


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