October 2, 2012

QQQ Head and Shoulders pattern

 
 
  • QQQ One hour chart shows a head and shoulders pattern with sloping neck line. Some more distance to go before price could hit the support line or the neck line of this pattern.
  • Hour chart is getting ready for a bearish cross in hourly time frame.
  • Last chart shows the immediate support levels for QQQ, 50 Day SMA the most crucial among them.
  • APPLE BEARISH DOJI STAR
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