March 29, 2013
- Blackberry daily chart shows a contracting triangle pattern.
- Weekly charts shows the levels which bulls and bears must cross for bigger moves.
- Bears must close the week below 20 Week SMA for a bigger fall to happen.
- For bulls the Bearish Pin Bar at 100 Week SMA looks a strong resistance area. Bulls must close above 100 Week SMA for bigger up moves to happen.
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.