- Bank of America Hourly chart shows price testing resistance line of the channel
- Daily chart shows a bullish Flag pattern.
- Price testing 20 Day SMA. Closing day above 20 SMA may lead to a breakout from these patterns. Failure to close above 20 SMA should lead price towards Hourly channel support line.
- TESLA Ascending Triangle
August 22, 2013
- HP closed below 50 Day SMA
- Weekly chart shows support confluence in weekly chart at 23.6% Fib level and 20 Week SMA at 23.89 and 24 levels. Closing Below this zone may give an extended fall for the stock.
- Weekly chart also shows negative divergence and a MACD bearish cross.
- APPLE Bearish Engulfing and Inside Day pattern