- First two charts of Microsoft shows weekly time frames with levels which can give a bounce.
- Last chart shows the Weekly MACD Sell signal, this one need price to close the week below 50 Week SMA for a bigger fall to happen.
- APPLE WEEKEND UPDATE
- TESLA MOTORS WEEKEND UPDATE
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 20, 2013
MICROSOFT Weekend update
TESLA Motors Weekend update
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8NHlL_xAaN6px6fpCVaicEXj9039KeJW6j1AHsawf_Kb-VDVAkhw9TZpf_xLQBB7bEQyBI1HlAVnNMOMeoRqzcqVXc-3T3_4IpbMYx_aRI5DgsL52eLeyOVshoqHC3BmUgqc1u4hM_Ubt/s640/TESLA+WEEK.png)
- Tesla daily chart shows bulls getting support at the rising support line.
- Price managed to close back above 20 Day SMA after taking support near 50 Day SMA. For next week Weakness on price trading below 20 Day SMA
- In spite of the up move or bounce the weekly chart shows a bearish engulfing pattern which will be effective on price trading below 114.9 levels.
- APPLE WEEKEND UPDATE
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