April 30, 2014
- Bank of America weekly testing confluence of support levels at 50 Week SMA, Lower Bollinger band and support and previous resistance at 15.03. Bulls of BAC are hoping for a bullish weekly candle closing above these levels for a possible bounce to happen.
- Weekly close below these levels may lead to bigger falls.
- APPLE BREAKING ABOVE RESISTANCE LEVELS
April 29, 2014
- Crude oil daily chart shows price violating the up trend line. Sustaining below the trend line may extend the fall towards the shaded support levels.
- Golden ratio is shown in 4 hour chart. Hope for crude oil bulls if price holds above the golden ratio.
- Last chart shows price testing lower BB. Closing the day below lower BB May extend the fall.
April 28, 2014
- Bharti Airtel weekly chart shows price contraction in a triangle pattern.
- Price is nearing the upper resistance line of the triangle pattern. Staying 338 levels price may target 354 and the resistance line.
- There is negative divergence with macd and price but there is not trigger yet for a sell. weakness on closing below 338 levels