February 3, 2013

ORACLE Weekend update


DAILY CHART
  • Weekly chart shows previous resistance at 36.5 level.
  • Second chart also weekly time frame shows a possible resistance line.
  • Daily chart shows negative divergence with price and RSI.  Price may continue to move up in daily chart till price hits the weekly resistance level. Weakness near 36.5 levels may lead to a correction.
  • S&P 500 ANALYSIS AFTER CLOSING BELL
  • APPLE WEEKEND UPDATE
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