November 12, 2013

SINA Corp Chart analysis

  • Daily chart of SINA Shows price holding above 100 Day SMA. But the Weekly chart looks Ugly for bulls with a Bearish Engulfing pattern at the top and a MACD Sell Signal. For the now the Oversold readings and 100 Day SMA in daily chart may give a trading bounce towards 50 Day SMA.
  • APPLE Chart update

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