Stock Technical indicators to notice in Wachovia Corporation Structured Product (ECN)
1- Last bearish trend was from 11.60 $ (2/12/2008) to 11.20 $ (2/13/2008) a 0.40 $ move 2- The current bullish trend started from 11.20 $ at 2/13/2008 and is currently trading at 12.00 $.
Wachovia Corporation Structured Product (ECN) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 11.200 and 11.050, and is currently supporting at 11.528.
Wachovia Corporation Structured Product (ECN) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 10.000 and 9.550, and is currently supporting at 10.779.
Wachovia Corporation Structured Product (ECN) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
Wachovia Corporation Structured Product (ECN) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : .
Stock Support levels : 11.81, 11.69, 11.60, 11.53, 11.51, 11.20,.