September 30, 2012

INTEL Weekend update

  • 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
-->

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
-->

SILVER Weekend update


  • SILVER Daily chart stuck in a range between 33.23 - 35.15
  • Weekly chart shows price breakout above 100 Week SMA. Holding above this line should lead to a breakout above 38.2% Fib level towards 37 Plus levels in silver for the coming week.
-->