March 29, 2013

BLACKBERRY Weekend update

  • Blackberry daily chart shows a contracting triangle pattern.
  • Weekly charts shows the levels which bulls and bears must cross for bigger moves.
  • Bears must close the week below 20 Week SMA for a bigger fall to happen.
  • For bulls the Bearish Pin Bar at 100 Week SMA looks a strong resistance area. Bulls must close above 100 Week SMA for bigger up moves to happen.

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