Stock Technical indicators to notice in Aberdeen Global Income Fund (FCO)
1- Last bullish trend was from 10.35 $ (5/20/2010) to 12.48 $ (8/19/2010) a 2.13 $ move 2- The current bearish trend started from 12.48 $ at 8/19/2010 and is currently trading at 12.19 $.
4- FCO current resistance level is at 12.48 which is the 0.00 % fibonacci retracement of the last 2.13 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
Aberdeen Global Income Fund (FCO) Short term stock chart patterns for internet stock trading :
None.
Aberdeen Global Income Fund (FCO) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 12.130 and 12.710 that was broken up at 11.860 transforming into a supporting line.
Aberdeen Global Income Fund (FCO) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 12.130 and 12.710 that was broken up at 11.860 transforming into a supporting line.
Stock Trading Conclusion:
Aberdeen Global Income Fund (FCO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 12.26, 12.30, 12.33, 12.37, 12.48,.
Stock Support levels : 11.98, 11.67, 11.67, 11.41, 11.16, 10.35, 9.77,.