November 28, 2012

QQQ Resistance levels

 
 
  • QQQ Near 200 Day SMA.
  • Four hour chart shows price near Ichimoku cloud.
  • Fibonacci levels shows price above 38.2% Fib level. Up move may extend towards 50% Fib level.
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November 27, 2012

ES Chart update

 
 
  • ES Bulls unable to break above 50 Day SMA.
  • Unable to breakout above the daily cloud may resume the fall.
  • Broken 23.6% Fib level too may act as resistance.

CNX IT Chart analysis

 
 


RELIANCE Communication chart analysis

 
  • Rcom has resistance at 69 and 72.
  • 69 is the 200 Day SMA. 72 level is a previous resistance level. 
  • Price is trying to stay above its long term down trend line. Sustaining above the mentioned resistance levels may give a bigger up move.
  • RCOM INTRADAY 5 MINUTES LIVE CHART WITH AUTO REFRESH

November 26, 2012

CRUDE Oil Triangle pattern

  • Crude oil weekly chart shows a range between 85 - 90 which is between the 23.6% and 38.2% Fib level.
  • Daily chart continues to get resisted at 50 Day sma.
  • One hour chart shows a triangle pattern which may give a bigger move soon.


BANK of America Chart analysis

 
 
  • BAC Weekly chart shows price near resistance levels.
  • Price approaching 50% Retrace level.
  • Stock sustaining above 100 Week SMA is good for bulls of BAC. Now bulls need to breakout above the resistance line as shown in last chart for bigger gains on the up side.
  • INTEL WEEKEND UPDATE
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GOOGLE Chart analysis

 
  • Google weekly chart trying to sustain above 50 Week SMA and also the Golden ratio for the price rise from 556 - 774.
  • Daily chart shows a MACD Buy signal which may do well if price sustains above 20 Day SMA.
  • APPLE WEEKEND UPDATE