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Monday 23 December 2013

Apple & China Mobile signed iPhone deal

Apple has finally officially announced deal to sell iPhones in China with China Mobile
Apple's CEO also promised big plans for 2014 & will have a lot to look forward to in 2014

Apple jumped from 549 to 566.65 even before the market opened
Possible support @ 550 but might be too low
No other supports found yet but Apple might still be able to go higher even though it's already too high
Possible resistance @ 570 which might turn into new support if it breaks above, stays above & goes higher

Look to sell Apple @ 570 if it stays below & drops further, for less than 30 minutes expiration
Look to buy Apple @ 550 or 570 if it stays above & goes higher, for 30 minutes expiration

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