My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 16, 2014
TWITTER Chart analysis
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- Twitter daily chart is nearing the falling resistance line and 20 Day SMA. Bulls need a close above these levels in daily time frame for bigger up move to happen.
- Getting resisted at the resistance line may confirm a bearish pattern in daily chart.
- APPLE ANALYSIS AFTER CLOSING BELL
APPLE Analysis after closing bell
- Weekly chart moving up from 100 Week SMA.
- Week is trying to stay above the Weekly Ichimoku cloud. For this 100 Week SMA is crucial support. Sustaining above 100 Week SMA price is likely to extend the up trend.
- Current move is likely to take price towards the Golden ratio, Swing high and Upper bollinger band.
- TESLA MOTORS CHART ANALYSIS
FORD Motors Chart update
- Ford daily chart shows price trading above the falling resistance line and 50 Day SMA. Daily close near the High of the candle will strengthen bulls to extend this up move.
- Immediate resistance levels in daily chart is the cloud and Golden ratio. Price is likely to test these levels. One has to see the price action on the daily cloud for signs of weakness.
- TESLA MOTORS CHART ANALYSIS
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