- Weekly chart shows price closing above resistance level.
- Weekly Fib levels shows price approaching 50% Fib level.
- Monthly chart shows price nearing Top bollinger band at 14 levels.
- APPLE WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 6, 2013
FORD Weekend update
IWM Weekend update
- Weekly chart shows price closing above the recent swing high in weekly chart.
- Second chart shows a possible channel resistance, Bears must hope to see some weakness at this line for a possible correction.
- Last chart shows the support levels, GAP between 84.43 - 86.04 and the up trend line. Correction up to the above mentioned levels may give another buying opportunity. A bigger correction may happen if the trend line gets broken.
- APPLE WEEKEND UPDATE
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