Stock Technical indicators to notice in AURCANA (UHY.BE)
1- Last bullish trend was from 0.59 $ (4/5/2011) to 0.65 $ (4/7/2011) a 0.06 $ move 2- The current bearish trend started from 0.65 $ at 4/7/2011 and is currently trading at 0.57 $.
4- UHY.BE current resistance level is at 0.57 which is the 127.20 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
AURCANA (UHY.BE) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.170 $ height triangle which was broken down at 0.570, target of the pattern is 0.400.
AURCANA (UHY.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.170 $ height triangle which was broken down at 0.570, target of the pattern is 0.400.
AURCANA (UHY.BE) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.170 $ height triangle which was broken down at 0.570, target of the pattern is 0.400.
Stock Trading Conclusion:
AURCANA (UHY.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.574, 0.589, 0.590, 0.593, 0.601, 0.610, 0.613, 0.619, 0.620, 0.627, 0.636, 0.650,.
Stock Support levels : 0.553, 0.400,.
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