- Apple week need a close above 20 Week SMA.
- Daily chart too is trying to stay above 100 Day SMA.
- Price staying above the daily cloud after a long gap is good for bulls But for the trend to change price must trade above 465 - 469 zone and 484 levels.
- FACEBOOK RESISTANCE LEVELS
May 30, 2013
May 29, 2013
May 28, 2013
- NIFTY Daily chart shows price taking support at 38.2% Fib level and closing the day back above 23.6% Fib level.
- Hourly chart shows possibility of a head and shoulders pattern which will work only if this up move is limited to 6115 - 6120 levels, Anything above that may lead to 6229 levels for a range bound move as shown in last chart.
May 27, 2013
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