Citigroup (C): Triple Tops in formation
Citigroup is forming A Triple Tops and Ascending Triangle.
Chart from thinkorswim, open an account to get FREE chart here. Original post by Marubozu.
Google (GOOG): Triple Tops In Formation
Google (GOOG) is currently trading in a rectangle range between $843 and $925. At the same time, a Triple Tops reversal chart pattern is in formation. Watch out for the next movement after the earning release on Oct 14.
Chart from thinkorswim, open an account to get FREE chart here. Original post by Marubozu
Ben Bernanke delay QE Tapering: Time to Buy Gold?
Mr. Market does not believe Mr. Benanke and continue the down trend after rejected at the down trend resistance line. In addition, GLD broke the critical support of $130 and in the process of forming a Head and Shoulders pattern. Watch the neckline support (also the 61.8% Fibonacci Retracement) at about $124-$125. Breaking this support will send GLD to test the recent low of $115.
See Previous Analysis Gold Starts to Rally?
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