Stock Technical indicators to notice in COLGATE-PALMOLIVE (COLGA.AS)
1- Last bearish trend was from 67.79 $ (5/17/2010) to 62.55 $ (5/31/2010) a 5.24 $ move 2- The current bullish trend started from 62.55 $ at 5/31/2010 and is currently trading at 65.38 $.
4- COLGA.AS current resistance level is at 65.79 which is the 61.80 % fibonacci retracement of the last 5.24 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
COLGATE-PALMOLIVE (COLGA.AS) Short term stock chart patterns for internet stock trading :
None.
COLGATE-PALMOLIVE (COLGA.AS) Mid term stock chart patterns for internet stock trading :
None.
COLGATE-PALMOLIVE (COLGA.AS) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
COLGATE-PALMOLIVE (COLGA.AS) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 65.79, 67.79, 69.22, 71.03.
Stock Support levels : 65.17, 64.71, 64.55, 64.30, 63.96, 63.79, 63.63, 62.55,.
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