IWM Trend update

 

 

• IWM continues to breakout above the resistance levels in daily time frame. Daily cloud continues to act as strong support. 
• Daily is moving up in a channel. Bullishness will be intact as long as price trades in side the channel.
• JP Morgan Weekend update

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JP Morgan Chase Weekend update

 

 

• JPM Daily chart shows strong resistance at 50 Day SMA.
• Daily cloud too is acting as resistance. Weakness on falling below 52.53 and Possible breakdown on closing below 52.08 levels. Strength only on price closing above 50 Day SMA
• APPLE Weekend update

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BLACKBERRY Weekend update

• Blackberry broke down from another triangle pattern this time from a smaller pattern. Price in daily chart never recovered from the First breakdown which was bigger in size.
• Sustaining below 8.57 Immediate target for bears is 7.46. Then if price continues to stay below 78.6% Fib level we may see a 100% reversal in blackberry towards 6.22 levels.
• APPLE Weekend update

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