September 9, 2012

  • CISCO Near 200 Week SMA 
  • Weekly candle is also near falling resistance line from 27 through 21 levels.
  • Recent breakouts above 200 Week SMA has failed to sustain.
  • Crucial support level is near 50 and 100 Week SMA which is at 18 levels.
  • BAC WEEKEND UPDATE



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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore