March 24, 2013

BLACKBERRY Weekend update

  • Weekly chart selling off from 100 Week SMA. Weekly candle looks like a bearish pin bar candle.
  • Daily chart too has given a bearish engulfing pattern. 
  • Now hope for bulls is to hold above 50% Fib level and 50 Day SMA. Breaking these two levels on closing basis will extend the fall.

No comments:

Post a Comment