- Weekly chart shows price continues to trade in a range between 38.2% and 50% Fib level.
- 100 Week SMA too is trying to protect bulls from a bigger fall. Closing above this level will strengthen apple bears.
- Daily chart shows negative divergence which is why the stock is moving sideways to negative. Price need to sustain below 20 Day SMA for the divergence to be effective.
- TESLA Weekend update
- BANK Of America Weekend update
- GROUPON Weekend update
November 11, 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.