Stock Technical indicators to notice in WESTAMER BANCORP (WB1.BE)
1- Last bullish trend was from 34.76 $ (3/25/2011) to 36.28 $ (4/7/2011) a 1.52 $ move 2- The current bearish trend started from 36.28 $ at 4/7/2011 and is currently trading at 34.72 $.
4- WB1.BE current resistance level is at 34.76 which is the 100.00 % fibonacci retracement of the last 1.52 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
WESTAMER BANCORP (WB1.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 36.280 and 37.210, and is currently resisting at 36.214.
WESTAMER BANCORP (WB1.BE) Mid term stock chart patterns for internet stock trading :
None.
WESTAMER BANCORP (WB1.BE) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 42.750 and 47.240, and is currently resisting at 40.742.
Stock Trading Conclusion:
WESTAMER BANCORP (WB1.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 34.76, 35.09, 35.32, 35.34, 35.50, 35.52, 35.68, 35.70, 35.81, 35.92, 36.21, 36.28, 40.74.
Stock Support levels : 34.35,.
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