Stock Technical indicators to notice in COMERICA INC (CA3.BE)
1- Last bearish trend was from 28.00 $ (3/11/2011) to 25.60 $ (3/29/2011) a 2.40 $ move 2- The current bullish trend started from 25.60 $ at 3/29/2011 and is currently trading at 25.91 $.
4- CA3.BE current resistance level is at 26.17 which is the 23.60 % fibonacci retracement of the last 2.40 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
COMERICA INC (CA3.BE) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 25.600 and 26.920,resistance between 28.000 and 29.340, the stock channel is currently supported from below by 24.808 and resisted from above by 26.437.
COMERICA INC (CA3.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 7.570 $ height triangle which was broken up at 25.730, target of the pattern is 33.300 which was broken down at 27.310, target of the pattern is 19.740.
COMERICA INC (CA3.BE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
COMERICA INC (CA3.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 26.17, 26.52, 26.80, 27.08, 28.00, 28.65, 29.41, 29.48, 33.30.
Stock Support levels : 25.84, 25.79, 25.76, 25.72, 25.60, 24.88,.
