Stock Technical indicators to notice in FCC (FCC.BE)
1- Last bullish trend was from 21.19 $ (3/17/2011) to 24.02 $ (4/1/2011) a 2.83 $ move 2- The current bearish trend started from 24.02 $ at 4/1/2011 and is currently trading at 23.52 $.
4- FCC.BE current resistance level is at 24.02 which is the 0.00 % fibonacci retracement of the last 2.83 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
FCC (FCC.BE) Short term stock chart patterns for internet stock trading :
None.
FCC (FCC.BE) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 21.190 and 17.370, and is currently supporting at 22.572.
FCC (FCC.BE) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 17.370 .
8- The Stock formed a 3.270 $ height triangle which was broken up at 19.850, target of the pattern is 23.120.
Stock Trading Conclusion:
FCC (FCC.BE) was trading in a bullish 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 : 23.64, 23.71, 23.77, 23.83, 24.02,.
Stock Support levels : 23.35, 22.94, 22.60, 22.57, 22.27, 21.19, 20.42, 19.44, 18.74,.
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