January 4, 2015

Bank of America Weekend update



  • Bank of america weekly chart shows a pause or bearish candle at crucial resistance zone of 18 levels.
  • Negative divergence and Broadening pattern also shows a likely bearish move in the coming week.
  • Weakness can be confirmed below 17.60 levels. Price may test the rising trend line shown in weekly chart.
  • APPLE WEEKEND UPDATE
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APPLE Weekend update

 
  • Apple weekly chart shows negative divergence with price and RSI. Weakness for divergence can be confirmed only if price starts to trade below 20 Week SMA.
  • Immediate support levels are 106 are and 100 Day SMA.
  • CRUDE OIL TREND UPDATE
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