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- 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
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- IWM Weekly chart shows a Bearish Engulfing pattern.
- Current weakness may lead price towards the Weekly Middle Bollinger band. Up trend will weaken only if price starts to trade below 20 Week SMA and the Ascending channel shown in 3rd Image.
- BLACKBERRY WEEKEND UPDATE
