- Bank of america weekly chart shows a bearish engulfing pattern.
- Daily chart is near crucial support levels like 20 and 50 Day SMA.
- Bearish engulfing pattern will gain strength if price starts to trade below 50 Day SMA and the Golden ratio. So the level for bears to break is 11.73 on closing basis. For bulls they must protect 20 Day SMA for avoiding a bigger fall.
- BLACKBERRY TRIANGLE PATTERN
- APPLE WEEKEND UPDATE
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