XLNX is now at a its previous high which is a strong resistance. Today we saw a spinning top kind of candle with longer high and lower shadow and small body of candle. This candle is followed by a two strong green candle. Spinning top near its strong resistance at 68.77 is an indicate of confusion between bulls and bears and could be a wait and watch situation....
Primary trend is BULLISH for MSFT. Its trading at 75.44 today. On Point and Figure chart is shows breakout of its previous high which was around 59-60. This breakout was followed by pullback and then a double top. With this it has vertical 3 box count target of 88 which is active as of now. Recently it again made a long X column followed by reversal and double...
Facebook reached to all time high in its new bull rally started from beginning of the year 2017. It reached all time high of 153.5 on 3rd May 2017 and then was in trading range till 11th July 2017. This also created a squeeze for Bollinger Band. On 12th July price broke outside trading range/resistance. It also tagged upper Bollinger band indicating increase in...
