Stock Technical indicators to notice in H and R WASAG (WAS.BE)
1- Last bullish trend was from 17.68 $ (3/17/2011) to 20.35 $ (4/1/2011) a 2.67 $ move 2- The current bearish trend started from 20.35 $ at 4/1/2011 and is currently trading at 19.90 $.
4- WAS.BE current resistance level is at 20.35 which is the 0.00 % fibonacci retracement of the last 2.67 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
H and R WASAG (WAS.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 17.680 and 17.460, and is currently supporting at 19.550.
H and R WASAG (WAS.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 21.600 and 22.560, and is currently resisting at 20.306.
H and R WASAG (WAS.BE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 21.600 and 22.560, and is currently resisting at 20.306.
Stock Trading Conclusion:
H and R WASAG (WAS.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 20.01, 20.07, 20.13, 20.18, 20.31, 20.35,.
Stock Support levels : 19.72, 19.55, 19.33, 19.01, 18.70, 17.68, 16.95,.