Stock Technical indicators to notice in CURANUM (BHS.BE)
1- Last bearish trend was from 2.29 $ (3/29/2011) to 2.19 $ (4/5/2011) a 0.10 $ move 2- The current bullish trend started from 2.19 $ at 4/5/2011 and is currently trading at 2.23 $.
4- BHS.BE current resistance level is at 2.24 which is the 50.00 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
CURANUM (BHS.BE) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 2.290 and 2.320, and is currently resisting at 2.276.
CURANUM (BHS.BE) Mid term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 2.240 and 2.010 that was broken down at 2.440 transforming into a resistance line.
CURANUM (BHS.BE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
CURANUM (BHS.BE) was trading in a bearish wave, which is becoming weaker .
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 : 2.24, 2.25, 2.28, 2.29, 2.32, 2.35, 4.15.
Stock Support levels : 2.23, 2.22, 2.22, 2.21, 2.21, 2.21, 2.21, 2.19,.
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