Tuesday, April 2, 2013

AAPL + GOOG Technical Analysis

AAPL: Not good, decisive breakdown below trendline and no intraday bounce even with Extreme Oversold Signal. Hourly RSI is at historic lows, so the probability has increased, but we could stay embedded in oversold zone and just grind lower. Stay nimble.




GOOG: Reversed at bottom of channel support, now it looks like it needs time to shake/regain support at around $805.