Stock Technical indicators to notice in CONTINENTAL AIR -B- (COEB.BE)
1- Last bearish trend was from 18.36 $ (9/22/2010) to 17.47 $ (9/24/2010) a 0.89 $ move 2- The current bullish trend started from 17.47 $ at 9/24/2010 and is currently trading at 18.01 $.
4- COEB.BE current resistance level is at 18.02 which is the 61.80 % fibonacci retracement of the last 0.89 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CONTINENTAL AIR -B- (COEB.BE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 18.360 .
7- The Stock formed a 1.350 $ height triangle.
CONTINENTAL AIR -B- (COEB.BE) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 3.470 $ height triangle which was broken up at 17.890, target of the pattern is 21.360.
CONTINENTAL AIR -B- (COEB.BE) Long term stock chart patterns for internet stock trading :
9- The Stock formed a 4.200 $ height triangle.
Stock Trading Conclusion:
CONTINENTAL AIR -B- (COEB.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 : 18.02, 18.36, 18.39, 18.60, 18.91, 21.36.
Stock Support levels : 17.92, 17.88, 17.81, 17.80, 17.74, 17.68, 17.68, 17.58, 17.47,.
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