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RIMM Weekend update

  • RIMM Weekly chart falling from 17.96 level which was a previous resistance level in weekly chart as shown in first chart.
  • Second chart shows a Huge Bearish Engulfing pattern which managed to engulf past two weekly candles. But charts shows crucial support at 20 and 50 Week SMA between 10 and 11 area.
  • Fib levels also shows price trying to bounce from 50% Fib level. So more fall if 50% Fib level is not held.
  • APPLE WEEKEND UPDATE
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Posted by San at 7:51 PM

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