April 14, 2013

GOOGLE Weekend update

 
  • Google daily chart shows price moving up and pausing at 50 Day SMA. Unable to break above it should resume the fall.
  • Weekly chart shows crucial support levels at 20 week SMA and 38.2% Fib level. Weekly MACD shows a sell signal, If the above mentioned support levels does not held we may see a bigger correction.
  • FACEBOOK WEEKEND UPDATE
-->

FACEBOOK Weekend update


  • Facebook daily chart shows price near the apex of  a contracting pattern. 
  • Daily chart shows possible support at 50 Day SMA. Price has to sustain above it for a breakout to happen.
  • Resistance shown in weekly chart is the 20 Week SMA. Weekly candle has to close above it for confirming a breakout.
  • SILVER WEEKEND UPDATE
  • GOLD WEEKEND UPDATE
-->


SILVER Weekend update

 
  • SILVER Weekly chart testing the support level near 26.
  • Daily chart continues to break support levels.
  • Monthly chart is shown with Fib levels and the support zone shown in the first chart. If the support zone around 26 is not held then Silver may test the Golden ratio around 24 levels.
  • GOLD WEEKEND UPDATE
-->

BLACKBERRY Weekend update

 
  • Weekly chart shows a bearish engulfing pattern.
  • Price testing 100 Day SMA. Weekly chart too shows price closing below 20 Week SMA or Middle Bollinger Band.
  • Price sustaining below 20 Week SMA may extend gains for bears possibly towards the lower BB in the coming weeks. For Bulls price must hold above 100 Day SMA for a possible bounce to happen.
  • GOLD WEEKEND UPDATE
-->