November 3, 2013

Hammer of Groupon

  • Groupon Weekly chart shows a bullish Hammer. Hammer pattern needs confirmation. Price is trading below 20 Week SMA. Weekly close above 20 SMA should given an up move towards 12 levels again.
  • Weakness again if price breaks below 8.98 levels. Below 8.98 price may fall to the weekly up trend line.
  • IWM Weekend update
  • INTEL Shooting Star Candlestick pattern
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