Stock Technical indicators to notice in PENNA CONSULTING (P6E.BE)
1- Last bullish trend was from 1.17 $ (4/4/2011) to 1.28 $ (4/6/2011) a 0.11 $ move 2- The current bearish trend started from 1.28 $ at 4/6/2011 and is currently trading at 1.17 $.
4- P6E.BE current resistance level is at 1.17 which is the 100.00 % fibonacci retracement of the last 0.11 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PENNA CONSULTING (P6E.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1.280 and 1.290, and is currently resisting at 1.275.
PENNA CONSULTING (P6E.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 1.280 and 1.290, and is currently resisting at 1.275.
PENNA CONSULTING (P6E.BE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 1.290 and 1.380, and is currently resisting at 1.247.
Stock Trading Conclusion:
PENNA CONSULTING (P6E.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 1.20, 1.21, 1.22, 1.23, 1.24, 1.25, 1.25, 1.27, 1.28,.
Stock Support levels : 1.14,.
