September 27, 2015

Facebook Trend update

  • Facebook daily shows a bearish possibility. MACD shows a possible bearish cross in the making which may give a correction.
  • Weekly trend continues to remain intact above the cloud. Few weeks back the cloud was tested but it acted as strong support. So unless break below weekly cloud bigger corrections will not happen.

APPLE Weekend update

  • Apple near resistance levels in daily and weekly time frames. For apple bears price needs to stay below 50 week sma.