- Weekly stochastic has given a sell signal.
- Week has also given a bearish engulfing pattern.
- Next crucial support level in weekly chart is at 774. Before reaching there bears must close below the daily 50 Day SMA.
- BLACKBERRY WEEKEND UPDATE
- APPLE WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 29, 2013
GOOGLE Weekend update
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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