Stock Technical indicators to notice in ODYSSEY TEC (BSE INDONEXT) (ODYSSEY.BO)
1- Last bearish trend was from 3.78 $ (4/30/2012) to 3.45 $ (5/2/2012) a 0.33 $ move 2- The current bullish trend started from 3.45 $ at 5/2/2012 and is currently trading at 3.80 $.
4- ODYSSEY.BO current resistance level is at 3.87 which is the 127.20 % fibonacci retracement of the last 0.33 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
ODYSSEY TEC (BSE INDONEXT) (ODYSSEY.BO) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 3.450 and 3.610,resistance between 3.780 and 4.150 which was broken up at 3.620.
ODYSSEY TEC (BSE INDONEXT) (ODYSSEY.BO) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 3.450 and 3.350, and is currently supporting at 3.465.
ODYSSEY TEC (BSE INDONEXT) (ODYSSEY.BO) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 3.450 and 3.350, and is currently supporting at 3.465.
Stock Trading Conclusion:
ODYSSEY TEC (BSE INDONEXT) (ODYSSEY.BO) was trading in a bearish wave, which is becoming stronger .
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 : 3.87, 3.98.
Stock Support levels : 3.78, 3.76, 3.72, 3.67, 3.65, 3.63, 3.62, 3.58, 3.58, 3.53, 3.50, 3.47, 3.45,.
Related Stocks
| OMAXE LTD |
| OM MET INFRA |
| OMNITECH |
| ONMOBILE |
| ONTRACK SYS |