Tag Archives: double bottom

Apple (AAPL) candlestick chart analysis

Is $525 the bottom for Apple?

Apple daily candlestick chart showing the double bottom and the hammer candlestick.  Support and resistance levels are identified on the chart.

A break below the major support level of $525 would be a bad omen for Apple. Monitor this support level closely.

Reference Investor Relations for Apple Inc. to review the fundamental data.

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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical Analysis: iShares Brazil Index ETF – EWZ

Double bottom for the Brazil Index ETF
Technical analysis of the Brazil iShares ETF showing a double bottom

iShares Brazil ETF (EWZ) 2 Year Chart

Down 27% from the the March, 2012 high with a possible double bottom at $50.00.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca