Stock Technical indicators to notice in CHINA SPORTS INTL (3C6.BE)
1- Last bearish trend was from 0.48 $ (4/24/2008) to 0.46 $ (4/30/2008) a 0.02 $ move 2- The current bullish trend started from 0.46 $ at 4/30/2008 and is currently trading at 0.49 $.
4- 3C6.BE current resistance level is at 0.49 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CHINA SPORTS INTL (3C6.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.460 and 0.390, and is currently supporting at 0.478.
CHINA SPORTS INTL (3C6.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.390 and 0.340, and is currently supporting at 0.416.
CHINA SPORTS INTL (3C6.BE) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.320 $ height triangle which was broken up at 0.400, target of the pattern is 0.720.
Stock Trading Conclusion:
CHINA SPORTS INTL (3C6.BE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 0.492, 0.720.
Stock Support levels : 0.485, 0.483, 0.480, 0.479, 0.478, 0.475, 0.472, 0.471, 0.470, 0.468, 0.465, 0.460, 0.416, 0.410,.
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