Stock Technical indicators to notice in AMERICAN VANTAGE (YAC.BE)
1- Last bullish trend was from 1.05 $ (4/10/2008) to 1.16 $ (4/14/2008) a 0.11 $ move 2- The current bearish trend started from 1.16 $ at 4/14/2008 and is currently trading at 1.08 $.
4- YAC.BE current resistance level is at 1.09 which is the 61.80 % fibonacci retracement of the last 0.11 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
AMERICAN VANTAGE (YAC.BE) Short term stock chart patterns for internet stock trading :
None.
AMERICAN VANTAGE (YAC.BE) Mid term stock chart patterns for internet stock trading :
None.
AMERICAN VANTAGE (YAC.BE) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 1.050 .
8- The Stock formed a 0.390 $ height triangle which was broken up at 1.080, target of the pattern is 1.470.
Stock Trading Conclusion:
AMERICAN VANTAGE (YAC.BE) was trading in a bearish wave, which is becoming weaker .
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 : 1.09, 1.10, 1.11, 1.11, 1.12, 1.12, 1.13, 1.13, 1.16, 1.47.
Stock Support levels : 1.05, 1.02, 0.98,.
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