My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 11, 2013
FACEBOOK Chart update
- Facebook daily chart shows price closing above 50 Day SMA. But price is trading the golden ratio. Facebook bulls need a close above this level to extend the up move towards 54.8 levels.
- Weekly bullish candle continues to perform well. A Bullish close for the current week is likely to extend this up move towards 84.82 levels.
- SLV Weekend update
DLF Triangle pattern
- DLF Daily chart is testing the breakout from a triangle pattern. Price closing back into the triangle pattern may result in bigger falls.
- Weekly upper bollinger band is acting as strong resistance level.
- Bullishness only on closing above 166.2 levels. Bearish below 156.8 level.
- TATA MOTORS Weekly resistance line
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