January 19, 2014

  • GE Weekly chart shows price testing crucial support level.
  • Second chart shows Weekly MACD Bearish cross which will perform well on price breaking below 20 Week SMA.
  • Breaking the support levels will target the Golden ratio and GAP shown in 3rd chart.
  • SINA CORP Chart Analysis
  • First two weekly time frames shows the bullish possibilities.
  • Last chart the daily time frame shows the immediate resistance level at 38.2% Fib level. Daily close above this level will extend this up move towards 200 Day SMA.
  • SINA CORP Chart Analysis


All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.


Blog Archive

Powered by Blogger.

My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore