- Immediate resistance for Facebook at 20 Day SMA. Second chart shows price forming the right shoulder of a possible head and shoulders pattern. For a bigger down move price has to close the week below 23.6% Fib level shown in chart 3.
- BANK Of America chart update
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 15, 2013
FACEBOOK Chart update
Bank of America Chart update
- Bank of America daily chart shows the breakout and bullish close above the resistance line. Weekly chart shows immediate hurdle at 15.03 levels.
- Weekly chart shows price sustaining above golden ratio and a possible resistance at 15.31 levels. Closing above this level should lead to a bigger move towards 78.6% Fib level at 16.
- BANK Of America Weekend update
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