Stock Technical indicators to notice in American Insured Mortgage Investors (AIA)
1- Last bullish trend was from 37.62 $ (7/16/2010) to 40.98 $ (8/9/2010) a 3.36 $ move 2- The current bearish trend started from 40.98 $ at 8/9/2010 and is currently trading at 39.55 $.
4- AIA current resistance level is at 39.70 which is the 38.20 % fibonacci retracement of the last 3.36 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
American Insured Mortgage Investors (AIA) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 37.620 and 36.690 that was broken down at 39.680 transforming into a resistance line.
American Insured Mortgage Investors (AIA) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 35.320 and 36.590,resistance between 40.980 and 42.440, the stock channel is currently supported from below by 34.184 and resisted from above by 40.674.
American Insured Mortgage Investors (AIA) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
American Insured Mortgage Investors (AIA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 39.70, 39.89, 40.10, 40.19, 40.26, 40.43, 40.69, 40.98,.
Stock Support levels : 39.30, 39.05, 38.90, 37.62, 36.71,.