Stock Technical indicators to notice in NETS AEX INDEX FUND (AEX)
1- Last bearish trend was from 11.60 $ (1/28/2009) to 10.17 $ (2/2/2009) a 1.43 $ move 2- The current bullish trend started from 10.17 $ at 2/2/2009 and is currently trading at 11.30 $.
4- AEX current resistance level is at 11.60 which is the 100.00 % fibonacci retracement of the last 1.43 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
NETS AEX INDEX FUND (AEX) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 2.130 $ height triangle which was broken up at 11.300, target of the pattern is 13.430 which was broken down at 11.300, target of the pattern is 9.170.
NETS AEX INDEX FUND (AEX) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 2.130 $ height triangle which was broken up at 11.300, target of the pattern is 13.430 which was broken down at 11.300, target of the pattern is 9.170.
NETS AEX INDEX FUND (AEX) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 2.360 $ height triangle which was broken up at 11.300, target of the pattern is 13.660 which was broken down at 11.300, target of the pattern is 8.940.
Stock Trading Conclusion:
NETS AEX INDEX FUND (AEX) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 11.60, 11.99, 12.48, 13.43, 13.66, 14.16,.
Stock Support levels : 11.05, 11.03, 10.89, 10.87, 10.74, 10.72, 10.60, 10.51, 10.17, 9.70, 9.17, 9.15,.