- Blackberry daily chart testing 200 Day sma.
- Weekly chart is at Upper bollinger band
- Bulls must try to close the day above 200 SMA for extending this up move further. Bearishness at 200 SMA may lead to a pullback.
- SILVER RESISTANCE LINE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 21, 2014
BLACKBERRY at Multiple resistance levels
IBM Analysis before Earnings
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- IBM Daily chart shows price testing the crucial 200 Day SMA. Daily chart is trying to form a bullish pattern. There is crucial resistance between 190 in daily chart and 194 in weekly chart as shown in the last chart. Crucial support level is at 183 levels.
- BLACKBERRY WEEKEND UPDATE
- SILVER RESISTANCE LINE
Reliance Communication Chart analysis
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- Rcom daily chart shows price near falling resistance lines. Bulls need a daily close above the resistance lines for extending the bounce.
- Price is also seen testing 50 day SMA. Need a bullish candle above this line to confirm a bigger up move.
- Weekly chart shows price at make or break levels. If price get resisted at the falling line another fall is likely which will test 50 week sma.
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