November 12, 2013
- Weekly chart shows price trading below 23.6% Fib level. Daily chart too has fallen below the crucial 50 Day SMA.
- Immediate support seen in weekly chart at 45.26 level. If price starts to trade below 45.26 then a fall to 20 Week SMA is possible. Strength for FB Bulls only if price is able to trade above the level shown in the 3rd chart.
- SINA Corp Chart analysis
- Daily chart of SINA Shows price holding above 100 Day SMA. But the Weekly chart looks Ugly for bulls with a Bearish Engulfing pattern at the top and a MACD Sell Signal. For the now the Oversold readings and 100 Day SMA in daily chart may give a trading bounce towards 50 Day SMA.
- APPLE Chart update