Stock Technical indicators to notice in STEINHOFF INTL HLDG (OXV.BE)
1- Last bullish trend was from 2.26 $ (3/17/2011) to 2.55 $ (4/7/2011) a 0.29 $ move 2- The current bearish trend started from 2.55 $ at 4/7/2011 and is currently trading at 2.47 $.
4- OXV.BE current resistance level is at 2.48 which is the 23.60 % fibonacci retracement of the last 0.29 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
STEINHOFF INTL HLDG (OXV.BE) Short term stock chart patterns for internet stock trading :
STEINHOFF INTL HLDG (OXV.BE) Mid term stock chart patterns for internet stock trading :
STEINHOFF INTL HLDG (OXV.BE) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 0.840 $ height triangle which was broken up at 2.450, target of the pattern is 3.290.
Stock Trading Conclusion:
STEINHOFF INTL HLDG (OXV.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 : 2.48, 2.49, 2.50, 2.51, 2.52, 2.55, 3.29.
Stock Support levels : 2.44, 2.40, 2.38, 2.37, 2.26, 2.18,.