- QQQ daily chart shows price at the resistance line of the broadening pattern.
- Weekly chart shows a bearish doji at the weekly upper bollinger band. Doji pattern needs confirmation with a negative weekly candle.
- Bearish setup may work well only if price sustains below 89.31 level.
- GROUPON Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 22, 2014
QQQ Broadening pattern and Weekly Doji
GROUPON Analysis after Closing bell
- Groupon Daily chart shows price gap down and closing below 200 Day SMA.
- Bearish day also gave huge volume spike.
- Weekly chart too shows price closing below crucial support lines.
- CRUDE Oil trend update
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