- Blackberry hour chart above 50 Hour SMA.
- Daily chart is trying to stay above 50 Day SMA.
- Crucial support at 23.6% Fib level. Sustaining above this level price may start to move up again. Daily close above 50 Day SMA may help bulls for the up move to extend.
- APPLE Weekend update
August 26, 2013
- First chart shows the smaller corrections during this up move. For now though price is testing a crucial resistance level so one has to wait and watch if price is able to break above this level.
- Weekly chart shows a bearish candle at 100 Week SMA.
- Fibonacci levels also shows a pause candle at 38.2% Fib level. So for further up moves price must close the day above 507 levels. Bearish or weak below 498 levels.
- FALLING Wedge of INTEL