- CISCO Weekly chart shows a possible bearish candlestick set up.
- Immediate weekly support at 20.4 - 20.50 and the rising weekly 20 SMA.
- Daily chart has broken below 50 Day SMA and Testing 23.6% Fib level. Trading below 20.4 may take price towards 38.2% Fib level and lower.
- BLACKBERRY WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 24, 2013
CISCO Weekend update
BLACKBERRY Weekend update
- Weekly chart selling off from 100 Week SMA. Weekly candle looks like a bearish pin bar candle.
- Daily chart too has given a bearish engulfing pattern.
- Now hope for bulls is to hold above 50% Fib level and 50 Day SMA. Breaking these two levels on closing basis will extend the fall.
- APPLE WEEKEND UPDATE
FORD Motor Weekend update
- Ford motor is getting resisted at the Golden ratio in daily time frame.
- Daily chart has a bullish inverted head and shoulders pattern.
- Crucial levels in weekly to hold for bulls is 13.05. Rising 20 week SMA too is a crucial support level. Strength above 13.47 levels.
- APPLE WEEKEND UPDATE
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