January 6, 2014

CRUDE Oil Chart update



  • 4 Hour chart shows price breaking another crucial fib level in 78.6%. 
  • Daily chart shows price fast approaching crucial support zone between 91 - 92. 
  • Weekly chart also shows price near the all important 200 Week SMA.


Blackberry bullish price action and resistance levels


  • One hour chart shows price breaking out of an ascending triangle pattern.
  • 4 Hour chart shows resistance line at 200 Period SMA.
  • Daily chart shows bulls trying to break above the cloud. Previous attempts to break above the cloud has failed. For bulls of Blackberry price has to sustain above the cloud to sustain this up move.

CISCO Chart analysis


  • CISCO Overbought and near resistance line.
  • Price also testing the Daily cloud.
  • For now price is trying to stay above 50 Day SMA. More weakness only if price starts to trade below 50 Day SMA.
  • BLACKBERRY WEEKEND UPDATE
  • YAHOO Negative Divergence
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APPLE Chart update



  • Apple testing 50 Day SMA.
  • Price also trading near the golden ratio and the Daily Ichimoku cloud which may act as support.
  • FACEBOOK Weekend update
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