September 23, 2016

TWITTER Weekly chart analysis

  • Twitter Moves above 50 Week SMA.
  • Week candle if close near the High's will extend the bullish momentum towards the falling resistance line.
  • But the stocks major trend will remain bearish till price stay below the falling resistance line.
  • In the short term if week stays above 50 Week SMA then stock may target 28 levels.

ES Chart update

  • ES bulls managed to move above crucial resistance levels. Weakness only if price falls back below the levels mentioned. Staying above them Bulls may target 2180 levels again.

CRUDE Oil resistance levels

  • 46 - 47 Levels area is acting as resistance for crude bulls.