- Thursday's up move got resisted at 20 Day SMA.
- Price managed to close the week above 50 Day SMA But Friday's candle shows weakness which has also affected the weekly candle.
- Last two weekly candles tested the up trend line, For now bulls are able to hold above it but price may break this trend line if gets tested again.
- BLACKBERRY CHART ANALYSIS
June 15, 2013
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.