Stock Technical indicators to notice in POLYNT (P8V.BE)
1- Last bearish trend was from 3.54 $ (1/4/2008) to 3.40 $ (2/1/2008) a 0.14 $ move 2- The current bullish trend started from 3.40 $ at 2/1/2008 and is currently trading at 3.63 $.
POLYNT (P8V.BE) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 3.400 and 2.730 that was broken down at 3.460 transforming into a resistance line.
POLYNT (P8V.BE) Mid term stock chart patterns for internet stock trading :
5- The Stock formed Double Bottom Pattern at 2.730 .
6- The Stock formed Double Top Pattern at 2.970 that failed, and formed a support .
7- The Stock formed a 0.250 $ height triangle which was broken up at 3.500, target of the pattern is 3.750.
POLYNT (P8V.BE) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
POLYNT (P8V.BE) was trading in a bullish wave, which is becoming weaker .
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 : 3.75, 4.91.
Stock Support levels : 3.58, 3.54, 3.52, 3.49, 3.40, 2.92,.