October 9th, 2011 by Marubozu
All 3 US Key Indices Dow Jones Industrial, S&P500 and NASDAQ Composite faced sell off in the last 30 mins of trading hour. This is not really unexpected because I am predicting the stock market will turn to bear again after the recent 3 days strong rally because they are hitting the resistance. Fasten your [...]
August 16th, 2011 by Marubozu
A Bearish Engulging candlestick pattern at the 61.8% Fibonacci Resistance & also the 20D MA Resistance was observed. This is a trend reversal pattern and will send Olam share price to $2.26 followed by $2.00.
August 16th, 2011 by Marubozu
First Resources showed Bearish Engulfing candlestick pattern at the resistance level. This is a trend reversal pattern and FirstRes is heading towards the next support of $1.23 followed by $1.08 which is the 61.8% Fibonacci Support.