Stock Technical indicators to notice in SPACE HELLAS (H9L.BE)
1- Last bearish trend was from 0.31 $ (7/14/2010) to 0.29 $ (7/16/2010) a 0.02 $ move 2- The current bullish trend started from 0.29 $ at 7/16/2010 and is currently trading at 1.33 $.
SPACE HELLAS (H9L.BE) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 0.310 that failed, and formed a support .
SPACE HELLAS (H9L.BE) Mid term stock chart patterns for internet stock trading :
5- The Stock formed Double Top Pattern at 0.330 that failed, and formed a support .
SPACE HELLAS (H9L.BE) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.330 and 0.340 that was broken up at 0.320 transforming into a supporting line.
Stock Trading Conclusion:
SPACE HELLAS (H9L.BE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 1.08, 0.93, 0.81, 0.69, 0.33, 0.31, 0.31,.