Stock Technical indicators to notice in HITACHI SYSTEMS (HSS.BE)
1- Last bearish trend was from 16.38 $ (12/18/2009) to 15.85 $ (1/11/2010) a 0.53 $ move 2- The current bullish trend started from 15.85 $ at 1/11/2010 and is currently trading at 16.76 $.
HITACHI SYSTEMS (HSS.BE) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 15.850 .
5- The Stock formed a 0.660 $ height triangle which was broken up at 16.280, target of the pattern is 16.940.
HITACHI SYSTEMS (HSS.BE) Mid term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 9.320 and 6.160,resistance between 10.470 and 6.900, the stock channel is currently supported from below by 15.448 and resisted from above by 17.355.
HITACHI SYSTEMS (HSS.BE) Long term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 9.320 and 6.160,resistance between 10.470 and 6.900, the stock channel is currently supported from below by 15.448 and resisted from above by 17.355.
Stock Trading Conclusion:
HITACHI SYSTEMS (HSS.BE) was trading in a bullish wave, which is becoming stronger .
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 : 16.94.
Stock Support levels : 16.55, 16.41, 16.31, 16.20, 16.19, 15.85,.
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