Saturday, April 6, 2013

AAPL + GOOG, GS and Gold

AAPL: $419 support has been reached after it broke below 426. It now has a double bottom potential based on the hourly bullish hammer close. If down below 419, next supports are 409 and 400.




 GOOG: Immediate target has been reached and we managed to close below 790, very good. We will be looking to enter shorts again after the rebound to $787 and then possibly 792 region.




GS:  Same thing like GOOG, waiting to re-enter shorts after the oversold bounce



Gold: Bullish hammer candle on weekly, which means potential temporary bottom . It needs continuation next week to serve as a confirmation.






Edit 10:20PM, added missing GOLD charts