Stock Technical indicators to notice in VICTORY CITY INTL (VI3.BE)
1- Last bearish trend was from 0.15 $ (4/1/2011) to 0.14 $ (4/8/2011) a 0.01 $ move 2- The current bullish trend started from 0.14 $ at 4/8/2011 and is currently trading at 0.15 $.
4- VI3.BE current resistance level is at 0.15 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
VICTORY CITY INTL (VI3.BE) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.140 $ and 0.150 $.
VICTORY CITY INTL (VI3.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 0.140 $ and 0.150 $.
VICTORY CITY INTL (VI3.BE) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 0.180 .
Stock Trading Conclusion:
VICTORY CITY INTL (VI3.BE) was trading in a bullish 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 : 0.153, 0.156, 0.180.
Stock Support levels : 0.148, 0.146, 0.145, 0.144, 0.142, 0.140,.
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