QQQ Weekend update

 

 

• QQQ Daily chart closed above 20 Day SMA.
• Next resistance levels in daily chart at 50 and 100 Day SMA which is at 66 levels.
• Weekly stochastic is turning up from oversold zone which may result in a bigger up move.

INTEL Weekend update

• INTEL Monthly candle hits the lower bollinger band
• Weekly chart shows support at 19.16 levels.
• Daily chart with MACD Histogram shows positive divergence, But price is yet to confirm a reversal in daily or weekly charts.

APPLE Weekend update

 

• APPLE Closed the day above 20 Day SMA.
• Immediate resistance level is the falling resistance line from 705 through 652. Above this line price may test its 200 Day SMA.
• Weekly chart shows a turnaround and close above 50 Week SMA after 8 Weeks of negative candles for bulls. Sustaining above 50 Week SMA should extend gains for Apple Bulls.
• RIMM WEEKEND UPDATE