Stock Technical indicators to notice in NEURALSTEM INC (CUR)
1- Last bearish trend was from 1.04 $ (1/24/2012) to 0.98 $ (1/26/2012) a 0.06 $ move 2- The current bullish trend started from 0.98 $ at 1/26/2012 and is currently trading at 1.02 $.
4- CUR current resistance level is at 1.04 which is the 100.00 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
NEURALSTEM INC (CUR) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1.040 and 1.100 that was broken up at 1.010 transforming into a supporting line.
NEURALSTEM INC (CUR) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 1.100 .
8- The Stock formed a 0.210 $ height triangle which was broken down at 1.030, target of the pattern is 0.820.
NEURALSTEM INC (CUR) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 1.100 and 1.170, and is currently resisting at 1.074.
Stock Trading Conclusion:
NEURALSTEM INC (CUR) 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 : 1.04, 1.06, 1.07, 1.08, 1.10, 1.31.
Stock Support levels : 1.02, 1.01, 1.01, 1.00, 1.00, 1.00, 1.00, 0.99, 0.98, 0.92,.
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