November 17, 2013

Bank Of America Weekend update

  • Weekly chart shows price closing above the sloping resistance line.
  • Chart 2 and 3 shows price approaching resistance levels. 
  • Crucial support around 14.65 levels. current trend will gain more strength on closing above 15.28 levels.
  • GROUPON Weekend update

GROUPON Weekend update

  • Daily chart is showing weakness at 50 Day sma and Daily cloud. Groupon bulls need a cloud breakout to sustain this up move.
  • Weekly chart closing looks bullish as price closed above 20 Week SMA. Bullish hammer continues to work well for Groupon bulls.