Stock Technical indicators to notice in BK EKONOMI RAHARJA (4BR.BE)
1- Last bullish trend was from 0.18 $ (4/7/2011) to 0.19 $ (4/8/2011) a 0.01 $ move 2- The current bearish trend started from 0.19 $ at 4/8/2011 and is currently trading at 0.18 $.
4- 4BR.BE current resistance level is at 0.18 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
BK EKONOMI RAHARJA (4BR.BE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.190 .
7- The Stock formed a 0.040 $ height triangle which was broken down at 0.190, target of the pattern is 0.150.
BK EKONOMI RAHARJA (4BR.BE) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.150 .
9- The Stock formed Double Top Pattern at 0.160 that failed, and formed a support .
BK EKONOMI RAHARJA (4BR.BE) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 0.150 .
11- The Stock formed Double Top Pattern at 0.170 that failed, and formed a support .
Stock Trading Conclusion:
BK EKONOMI RAHARJA (4BR.BE) 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 : 0.182, 0.184, 0.185, 0.186, 0.188, 0.190, 0.200.
Stock Support levels : 0.177, 0.174, 0.170, 0.160, 0.150,.
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