BLACKBERRY breaks above 200 Day SMA

 

• Blackberry formed a bullish candle above 200 Day SMA.
• Weekly chart shows immediate target or resistance at the falling resistance line from 18 levels.
• If price moves above the resistance line it may fill the GAP between 12 and 14 levels shown in last chart.
• IBM CHART ANALYSIS

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CRUDE Oil chart analysis

• Crude oil daily chart shows the price testing 100 Day SMA.
• 4 Hour chart shows price at the Golden ratio.
• Price if closes above these levels may do a complete reversal towards 100 levels. Weakness at the above mentioned levels may attract selling towards 93 levels again.
• ES ASCENDING TRIANGLE AND RANGE

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ES Ascending triangle and Range

• Upper breakout from range and Ascending triangle means continuation of the larger trend.
• For bears need price to break the rising support line and Range breakdown for a bigger fall to happen.
• Upper breakout can target 1860 plus levels. Breakdown from the range may take price towards 1800 levels.
• IBM CHART ANALYSIS

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Falling Wedge of EURUSD

• EURUSD Daily chart shows the Bullish falling wedge pattern.
• One hour chart shows price moving in a channel towards the resistance line of the wedge. Price is likely to get resist at the resistance line followed by a small correction and a breakout in favor of bulls from the falling wedge pattern.
• Hourly close above the cloud will confirm the breakout from the pattern.

BANK Nifty Chart update

 

 

• Bank nifty managed to close above 23.6% Fib level But yet to cross the 50 Day SMA which is crucial.
• Weekly chart shows price nearing the crucial weekly cloud which has been acting as resistance level in the recent past. Bulls must do a weekly cloud break for a bigger up move to happen.

BLACKBERRY at Multiple resistance levels

• Blackberry daily chart testing 200 Day sma.
• Weekly chart is at Upper bollinger band
• Bulls must try to close the day above 200 SMA for extending this up move further. Bearishness at 200 SMA may lead to a pullback.
• SILVER RESISTANCE LINE

IBM Analysis before Earnings

 

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• IBM Daily chart shows price testing the crucial 200 Day SMA. Daily chart is trying to form  a bullish pattern. There is crucial resistance between 190 in daily chart and 194 in weekly chart as shown in the last chart. Crucial support level is at 183 levels.
• BLACKBERRY WEEKEND UPDATE
• SILVER RESISTANCE LINE