Stock Technical indicators to notice in RAMSAY HEALTH CARE (RMY.BE)
1- Last bearish trend was from 13.67 $ (3/31/2011) to 13.14 $ (4/5/2011) a 0.53 $ move 2- The current bullish trend started from 13.14 $ at 4/5/2011 and is currently trading at 13.65 $.
4- RMY.BE current resistance level is at 13.67 which is the 100.00 % fibonacci retracement of the last 0.53 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
RAMSAY HEALTH CARE (RMY.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 13.140 and 11.920, and is currently supporting at 13.547.
RAMSAY HEALTH CARE (RMY.BE) Mid term stock chart patterns for internet stock trading :
None.
RAMSAY HEALTH CARE (RMY.BE) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 13.310 and 13.620 that was broken up at 13.300 transforming into a supporting line.
Stock Trading Conclusion:
RAMSAY HEALTH CARE (RMY.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 : 13.67, 13.81, 14.00.
Stock Support levels : 13.55, 13.53, 13.47, 13.46, 13.41, 13.40, 13.34, 13.33, 13.27, 13.14,.
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