- Daily chart near 50 Day SMA. Daily chart also shows price nearing GAP.
- Weekly chart shows 100 Week SMA as resistance level.
- So confluence of resistance will make it tough for bulls to move up.
- APPLE WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 23, 2012
Microsoft Resistance levels
FORD Weekend update
- Ford violating weekly resistance line
- Price above Weekly ichimoku cloud.
- Monthly chart also shows price above 20 Month SMA. Sustaining above these levels could lead to bigger up moves.
- APPLE WEEKEND UPDATE
APPLE Weekend update
- First chart shows weekly time frame with rising and slopping support lines.
- Next chart shows 100 Week SMA as crucial support if the support line gets broken.
- Last chart shows Monthly candle trying to hold above 20 Month SMA.
- RIMM CHART ANALYSIS
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