March 30, 2013


 
  • Daily chart has fallen back to 20 Day SMA. Daily close below this level may extend the fall.
  • Price also was unable to sustain above 50 Day SMA. Now its moving towards Golden Ratio at 438 which is a possible support level. Unable to hold above Golden ratio may lead to the recent low point again.
  • Weekly MACD is looking great for bulls with Positive Divergence But price is not showing any sign of  strength. Weekly candle almost gave a bullish engulfing pattern.
  • GOOGLE WEEKEND UPDATE
  • BLACKBERRY WEEKEND UPDATE
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  • EBAY Daily chart Testing 50 Day SMA
  • EBAY Sustaining above the Up trend line from 29 levels may help bulls to resume the up move again. 
  • Price staying above Weekly Bullish engulfing and 20 Week SMA will favor bulls.
  • GOOGLE WEEKEND UPDATE
  • APPLE WEEKEND UPDATE
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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore