Stock Technical indicators to notice in TELECOM ITALIA (TIT.AS)
1- Last bullish trend was from 0.80 $ (4/25/2012) to 0.90 $ (5/2/2012) a 0.10 $ move 2- The current bearish trend started from 0.90 $ at 5/2/2012 and is currently trading at 0.81 $.
4- TIT.AS current resistance level is at 0.84 which is the 61.80 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
TELECOM ITALIA (TIT.AS) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.800 $ and 0.900 $.
TELECOM ITALIA (TIT.AS) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 0.800 $ and 0.900 $.
TELECOM ITALIA (TIT.AS) Long term stock chart patterns for internet stock trading :
8- The Stock is trading in a stock channel between 0.800 $ and 0.900 $.
Stock Trading Conclusion:
TELECOM ITALIA (TIT.AS) was trading in a strong 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 : 0.831, 0.838, 0.844, 0.850, 0.855, 0.862, 0.866, 0.876, 0.900,.
Stock Support levels : 0.800, 0.773,.
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