Stock Technical indicators to notice in ORBOTECH (ORB.BE)
1- Last bearish trend was from 9.23 $ (4/6/2011) to 8.93 $ (4/7/2011) a 0.30 $ move 2- The current bullish trend started from 8.93 $ at 4/7/2011 and is currently trading at 9.49 $.
ORBOTECH (ORB.BE) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 8.930 and 8.630, and is currently supporting at 9.130.
ORBOTECH (ORB.BE) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 10.340 and 10.720, and is currently resisting at 9.492.
ORBOTECH (ORB.BE) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 8.590 and 6.430,resistance between 11.320 and 8.500, the stock channel is currently supported from below by 8.886 and resisted from above by 12.742.
Stock Trading Conclusion:
ORBOTECH (ORB.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 9.49.
Stock Support levels : 9.36, 9.28, 9.21, 9.14, 9.13,.