- 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
- 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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- Apple daily chart shows price making bearish moves and Daily RSI turning down from overbought levels.
- Daily chart also closed below 50 Day SMA.
- Weekly chart has given a bearish Doji like candle which has failed to close above 20 Week SMA.
