- INTEL Weekly chart shows price near the channel support line, Price yet to hit the support line.
- Daily chart shows a MACD Buy signal.
- Fibonacci levels shows price closing below golden ratio. Trading below last week's low of 22.48 could extend the correction towards the channel support line shown in the first chart.
- BEARISH MONTHLY CANDLE OF APPLE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
September 30, 2012
INTEL Weekend update
Falling wedge of CATERPILLAR
- First chart of caterpillar shows price testing a crucial up trend line.
- 2nd chart shows weekly cloud acting as resistance and the support levels in weekly chart.
- Last chart shows a possible falling wedge pattern which will work well for bulls if 200 Week SMA acts as support.
- BEARISH MONTHLY CANDLE OF APPLE
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