Stock Technical indicators to notice in AVALON VENTURES (OU5.BE)
1- Last bearish trend was from 5.76 $ (3/30/2011) to 5.48 $ (3/31/2011) a 0.28 $ move 2- The current bullish trend started from 5.48 $ at 3/31/2011 and is currently trading at 6.39 $.
AVALON VENTURES (OU5.BE) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 5.480 and 5.090, and is currently supporting at 5.870.
AVALON VENTURES (OU5.BE) Mid term stock chart patterns for internet stock trading :
AVALON VENTURES (OU5.BE) Long term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 5.800 and 5.970 that was broken up at 5.930 transforming into a supporting line.
Stock Trading Conclusion:
AVALON VENTURES (OU5.BE) was trading in a strong 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 : .
Stock Support levels : 6.18, 6.04, 5.93, 5.87, 5.83, 5.62,.