Stock Technical indicators to notice in GERMANY1 ACQ (GAQ.BE)
1- Last bullish trend was from 3.85 $ (1/20/2011) to 4.20 $ (2/10/2011) a 0.35 $ move 2- The current bearish trend started from 4.20 $ at 2/10/2011 and is currently trading at 4.07 $.
4- GAQ.BE current resistance level is at 4.12 which is the 23.60 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
GERMANY1 ACQ (GAQ.BE) Short term stock chart patterns for internet stock trading :
None.
GERMANY1 ACQ (GAQ.BE) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 4.550 and 4.760, and is currently resisting at 4.212.
GERMANY1 ACQ (GAQ.BE) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 4.550 and 4.830, and is currently resisting at 4.277.
Stock Trading Conclusion:
GERMANY1 ACQ (GAQ.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 4.10, 4.12, 4.12, 4.14, 4.15, 4.20, 4.21, 4.28.
Stock Support levels : 4.07, 4.02, 3.98, 3.85, 3.75,.
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