Buy SBI | Technical Chart | 14-June-2012

Below is the technical chart of State Bank of India, SBI, listed on Indian stock exchange, using ichimoku kinko hyo indicator.               In the last trading session, price of SBI managed to close above kumo, which was its main resistance. Chikou-Span (CS) line has already closed above kumo. That … Read more

Facebook stock falls below IPO price


Facebook stock fell as low as US$33 in the first half-hour of trade on Monday before closing at ~US$34.03. That is down 11% from Friday’s close of US$38.23.

Facebook unveils IPO price range…Road shows start next week


The company filed updated IPO papers on Thursday afternoon with the Securities and Exchange Commission (SEC).

Tutorial on Moving Average Convergence/Divergence (MACD) indicator | Part 1

Check tutorial on MACD indicator.

Facebook picks Nasdaq over NYSE for listing: Source


Facebook Inc, which is preparing what would be Silicon Valley’s largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing, handing an important victory to the technology-laden bourse, a source familiar with the situation said on Thursday. The world’s largest social network, with more than 800 million users, is aiming to … Read more