Stock Technical indicators to notice in Franklin Street Properties Corp. (FSP)
1- Last bearish trend was from 10.25 $ (4/17/2012) to 9.81 $ (4/23/2012) a 0.44 $ move 2- The current bullish trend started from 9.81 $ at 4/23/2012 and is currently trading at 10.17 $.
4- FSP current resistance level is at 10.25 which is the 100.00 % fibonacci retracement of the last 0.44 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
Franklin Street Properties Corp. (FSP) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 10.250 and 10.680 that was broken up at 10.070 transforming into a supporting line.
Franklin Street Properties Corp. (FSP) Mid term stock chart patterns for internet stock trading :
None.
Franklin Street Properties Corp. (FSP) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 10.510 and 12.570 that was broken up at 10.280 transforming into a supporting line.
Stock Trading Conclusion:
Franklin Street Properties Corp. (FSP) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 10.25, 10.37, 10.52.
Stock Support levels : 10.09, 10.08, 10.03, 10.03, 9.99, 9.98, 9.95, 9.91, 9.81, 9.72,.
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