APPLE Chart update

• Apple daily chart trading in a range. Second chart shows the range is a consolidation after an up move which is likely to result in an upper breakout. But monthly chart shows the consolidation happening at 20 Month SMA. So apple bulls need a monthly close above 20 Month SMA for extending this up move.
• GROUPON Support levels
• CRUDE Oil chart analysis

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GROUPON Support levels

• All three charts shows Groupon near crucial support levels. Immediate support at 8.98 level, If this level is taken out price is likely to take support at the weekly rising support line or 200 Day SMA.
• CRUDE Oil chart analysis
• FACEBOOK Weekend update
• EURUSD Weekend update

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CRUDE Oil Chart analysis

• Crude oil weekly chart shows price near weekly rising support line and 200 Week SMA. If these levels hold on closing basis an up move is possible. Down move will gain momentum if these two levels does not hold.
• For an up move need a weekly close above 100 week SMA as shown in the last chart.

McDonalds Channel and Bull Flag

• McDonald's Daily chart shows price near channel resistance line. Channel also looks like a Bullish Flag pattern. Weekly Indicators are showing bullish alignment. If price stays above 99.50 levels on closing basis a bigger up move in favor of bulls can be seen. Price unable to breakout of the channel may result in a correction towards 95 levels again.
• FACEBOOK Weekend update

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