April 8, 2013

FACEBOOK Support and Resistance levels

 
  • Facebook one hour chart shows support at 38.2% Fib level and 200 Hour SMA.
  • Daily chart shows resistance at 50 Day SMA.
  • This range has to resolve for a bigger move to unfold.



GOOGLE Chart analysis

  • Google near 38.2% Fib level.
  • Price nearing up trend line.
  • For bigger down moves price has to sustain below the daily cloud

ES Chart analysis

  • ES four hour chart testing the broken channel's support line.
  • Price also reacting from 100 period SMA of four hour chart which acted as support.
  • Last chart shows crucial fib levels in one hour time frame.
  • FACEBOOK RESISTANCE LEVELS
  • FORD WEEKEND UPDATE
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EURUSD Resistance levels

  • EURUSD Nearing a Death cross.
  • Price is trading near 50 Day SMA. Sustaining below this line should favor bearish trades on this pair.
  • Immediate resistance levels are 1.3037 -  1.3049 area, 38.2% Fib level and 50 SMA.
  • FACEBOOK RESISTANCE LEVELS
  • FORD WEEKEND UPDATE

FORD Weekend update


  • Ford weekly fib levels shows price taking support at 38.2% Fib level.
  • Second chart also shows price hitting the support line from 8.82 level.
  • Last chart is a bearish one which shows price closing below 20 Week SMA. Weekly MACD also shows a sell signal. Price sustaining below 20 Week SMA may lead to bigger down moves.
  • IWM WEEKEND UPDATE
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