January 12, 2014

FORD Weekend update

  • Ford daily chart shows price trying to stay above 200 Day SMA. Price is also trying to fade the GAP in daily chart. Up move is likely to extend towards the falling resistance line shown in chart 2.
  • Weekly chart shows indicators at oversold zone. A Bigger up move can only happen if price is able to get back into the broken range. Previous support level of the weekly range may act as resistance.
  • GROUPON Weekend update

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