March 26, 2013

BLACKBERRY Chart update


  • Blackberry weekly chart is moving towards the rising support line from 6.22 levels. For a correction this level must break.
  • Daily chart too has closed below 50 Day SMA following the bearish engulfing pattern. Now price will seek support at 100 Day SMA.
  • For any big up moves or a reversal of trend price must trade above 100 week sma shown in last chart.
  • S&P 500 ANALYSIS AFTER CLOSING BELL
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