Stock Technical indicators to notice in TROCHUS (OV41.BE)
1- Last bearish trend was from 0.31 $ (9/12/2007) to 0.22 $ (10/30/2007) a 0.09 $ move 2- The current bullish trend started from 0.22 $ at 10/30/2007 and is currently trading at 0.23 $.
4- OV41.BE current resistance level is at 0.24 which is the 23.60 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
TROCHUS (OV41.BE) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 0.220 and 0.300,resistance between 0.310 and 0.340, the stock channel is currently supported from below by 0.218 and resisted from above by 0.244.
TROCHUS (OV41.BE) Mid term stock chart patterns for internet stock trading :
TROCHUS (OV41.BE) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
TROCHUS (OV41.BE) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.241, 0.254, 0.265, 0.276, 0.310, 0.334, 0.366.
Stock Support levels : 0.228, 0.226, 0.225, 0.224, 0.220,.