Categories
S&P500

$SPX . Right at kumo. Will it breakout?

Screen Shot 2013-07-09 at 11.47.31 PM

 

$SPX hitting the kumo resistance.

At this moment, the leading kumo has not twist yet, suggesting that the trend has not fully turned bullish yet.

Getting ready to take profit if you are long.

Categories
Tech

$BBRY : Blackberry trading at Ichimoku support

 

$BBRY at kumo support
$BBRY at kumo support

 

$BBRY falls with the rest of the market. It is currently trading just at the kumo support.

The kumo is thin; suggesting support is weak.

If it breaks, we are targeting a price below $13 around $12.50 as first support.

Categories
Tech

$BBRY . Below the kumo. Bearish

$BBRY-Below-Kumo-Bearish
$BBRY-Below-Kumo-Bearish

 

BlackBerry ($BBRY) has officially drop below the kumo support.

While the movement was not a huge one, the challenge will be for it to go above $15 level. So long, as it is under $15 over the next 1-2 months, the bull trend will not be established.

The next target should be towards $10.