- Daily chart shows price closing below the 20 Day SMA
- Weekly chart continues to move in an ascending channel. Weekly chart has a bearish engulfing pattern. This engulfing pattern will be effective only on price breaking below the channel.
- Last chart shows immediate support levels in daily time frame.
- BLACKBERRY WEEKEND UPDATE
January 26, 2014
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.