October 23, 2017

APPLE Chart analysis

  • Apple 4 hour chart shows crucial support at 155 levels. Close below 155 levels may trigger a fall towards 149 levels
  • Price for now is staying below 30 Minutes cloud. staying below the cloud a down swing is likely.

October 22, 2017

ALPHABET Chart Analysis

  • Google daily shows price testing the upper end of the range.
  • One hour is sitting at the cloud. Bears need price to break and close below the hourly cloud for a possible Down swing to start.
  • Price for now is staying below 50 period SMA. Bears should keep price below this line to build bearish momentum.
  • QQQ Weekend update

QQQ Resistance Line, Negative Divergence and More

  • QQQ Daily chart shows price nearing crucial resistance line.
  • Weekly Chart shows a potential Bearish Doji. This one needs confirmation though. Price should open lower and close lower and it should not Move above the Current Doji for the candle to be most effective. 
  • Weekly chart also shows Big negative Divergence. But it also shows MACD Lines close to a bullish crossover which could be a Fake setup as well.