Stock Technical indicators to notice in POTLATCH CORP (P4C.BE)
1- Last bullish trend was from 26.29 $ (3/21/2011) to 28.28 $ (4/5/2011) a 1.99 $ move 2- The current bearish trend started from 28.28 $ at 4/5/2011 and is currently trading at 27.09 $.
4- P4C.BE current resistance level is at 27.28 which is the 50.00 % fibonacci retracement of the last 1.99 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
POTLATCH CORP (P4C.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 26.290 and 26.150, and is currently supporting at 26.523.
POTLATCH CORP (P4C.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 26.150 and 22.890,resistance between 28.480 and 25.500 which was broken down at 27.090.
POTLATCH CORP (P4C.BE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 28.790 and 33.500 that was broken up at 28.550 transforming into a supporting line.
Stock Trading Conclusion:
POTLATCH CORP (P4C.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 : 27.21, 27.28, 27.37, 27.52, 27.54, 27.69, 27.81, 27.83, 28.28,.
Stock Support levels : 27.05, 26.52, 26.29, 25.75, 25.06,.