Stock Technical indicators to notice in VALARTIS GROUP (OZH.BE)
1- Last bearish trend was from 19.74 $ (3/3/2011) to 18.34 $ (3/23/2011) a 1.40 $ move 2- The current bullish trend started from 18.34 $ at 3/23/2011 and is currently trading at 18.95 $.
4- OZH.BE current resistance level is at 19.04 which is the 50.00 % fibonacci retracement of the last 1.40 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
VALARTIS GROUP (OZH.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 19.740 and 19.980, and is currently resisting at 19.399.
VALARTIS GROUP (OZH.BE) Mid term stock chart patterns for internet stock trading :
VALARTIS GROUP (OZH.BE) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
VALARTIS GROUP (OZH.BE) was trading in a 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 : 19.04, 19.21, 19.40, 19.74, 20.12, 20.61.
Stock Support levels : 18.87, 18.81, 18.72, 18.67, 18.65, 18.57, 18.34,.