April 14, 2013

BLACKBERRY Weekend update

 
  • Weekly chart shows a bearish engulfing pattern.
  • Price testing 100 Day SMA. Weekly chart too shows price closing below 20 Week SMA or Middle Bollinger Band.
  • Price sustaining below 20 Week SMA may extend gains for bears possibly towards the lower BB in the coming weeks. For Bulls price must hold above 100 Day SMA for a possible bounce to happen.
  • GOLD WEEKEND UPDATE
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