Shares of LinkedIn ended Friday’s trading higher by (0.25 point) or (0.13%) of the previous closure, after it failed to hold above 192.00 level to fall approaching 190.55, as the Bollinger band indicator shows the recent narrow trades that indicates an upcoming explosion during the upcoming trades,  comes after trading below 192.00 level ahead the support level of 190.55, to take the needed support and rise again facing 192.00 resistance, comes after passing the previous resistance zone between   192.00 and 183.00 for the long periods, where the price faced during the previous trades the SMAs resistance that pushed it to the intraday decline, then to rise again to pass 190.55 level and finally passing 192.00 resistance.

And with observing the price it shows the formation of a new bottom around 189.20, which the price reflected during Friday trades from it to continue the rise reaching 192.00 resistance.

Generally; the price was able to retest back 190.55 support, as if the price tends to continue the bearish decline and traded below this support it will target the next support at 189.20, but the stability of the current support will push the price to retest back 192.00.

JPMorgan shares ended the trades on Friday higher by (0.94 point) or (1.43%) of the previous closure above the resistance 65.58 after holding above 63.60 resistance and the support of SMA 50, comes after the prices was able to achieve the broken channel target at 57.04 level and then to rebound above 58.60 level again to pass 61.56 resistance.

 comes after a bullish movement that haunted the channel support that the price moved within its range previously to fall passing 58.60 level during the yesterday trades, comes after the shares was able to breach the bullish channel support and after the price returned to fall previously passing the level   61.65 that represents 61.8% correction level for the previous decline to face the support level 60.80 represented by 50% correction level, showing the formation of a bullish channel during the previous medium trades.

Generally; the continuation of the current rise requires the stability above 65.58 which will push the price ahead the next resistance 69.00, but the holding back below 65.58 may push down the price to retest 63.60 support. 

Intel shares closed Friday’s trading higher by (0.43 point) or (1.15%) of the previous closure, after it was able to pass 37.00 level to hit 37.70 resistance during the current trades supported by SMAs 50 and 100, after falling earlier to the support level  35.30 that coincided with SMA 100, which pushed the price to recover ahead 36.30 resistance then to fall again facing the mentioned support, comes after retesting 33.90 support level that coincided with SMA 100, comes after passing the resistance zone between 35.00 and 35.60 levels to fall again retesting 33.90  support that coincided with SMA50 at the time, rebounding from the support level 30.55 and passing 32.75 level, comes after it rose during the previous trades after facing the levels represented by 31.60 level with the SMAs 50 and 100 to pass 32.75 level during the current trades, comes after holding below 31.60 level to fall facing 29.50 support, to rebound again facing 32.75 resistance.

Rebounding from the support zone pushed the price to rise reaching 33.90 resistance, as the price failed to hold above this level during the previous trades to fall again passing 31.60 support and reaching 30.55 before it rebounds to trade once again above 31.60 level.

Generally; the price managed to rise hitting 37.70 resistance level, as if the price laws able to pass this resistance it will target the next one 38.60 and may extend, but the stability below 37.70 may push down the price to retest the support level 37.00 and may extend.

IBM shares ended Friday’s trading higher by (0.74 point) or (0.47%) of the previous closure ahead 152.48 that coincided with SMA 100 after declining the support of the SMA50 after trying to hold above 162.15 resistance, comes after failing to pass 152.48 level after it rose during the previous short trades after facing the SMA 50, also comes after the sideways movement that started since the last rise, as the price got support from the SMA 50, comes after retesting the resistance represented by 152.48 level, which coincided with 61.8% correction level for the decline from 174.47 to 116.00.

The price failed to hold above the mentioned resistance level to fall trying to pass the support level 145.70, which caused the failure of the bullish scenario and brought back the bearish movement that reached the mentioned support area.

Generally; the continuation of the current bullish movement requires the stability above 162.15 resistance, but stability below 162.15 will push the price to the bearish movements during the short periods in order to rested 152.48 .