Apple inc.

We talked about the chances of Apple to plummet to 550 or going for the 700 if the resistance in 600 was overtaken. http://mercadosparadummies.blogspot.com.es/2014/05/apple-inc.html.

But in its way to the 700, the price finds new difficulties in the form of oversold indicators and middle-ceilingsin actual price zone.

Weekly chart where we can see the trend since 2004.

Monthly chart. Great interest to see wheter or not the price will break the 700 barrier. Potential risk for plummets if don´t pass it.

Lifevest.