Stock Technical indicators to notice in FRIGORIFICO LA PAMPA (PAMP.BA)
1- Last bullish trend was from 1.92 $ (12/28/2011) to 2.15 $ (1/9/2012) a 0.23 $ move 2- The current bearish trend started from 2.15 $ at 1/9/2012 and is currently trading at 2.04 $.
4- PAMP.BA current resistance level is at 2.06 which is the 38.20 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
FRIGORIFICO LA PAMPA (PAMP.BA) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 2.150 and 2.210, and is currently resisting at 2.096.
FRIGORIFICO LA PAMPA (PAMP.BA) Mid term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 2.210 and 2.570 that was broken up at 2.080 transforming into a supporting line.
FRIGORIFICO LA PAMPA (PAMP.BA) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 2.570 and 2.730, and is currently resisting at 2.442.
Stock Trading Conclusion:
FRIGORIFICO LA PAMPA (PAMP.BA) 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 : 2.06, 2.07, 2.08, 2.10, 2.10, 2.10, 2.11, 2.15, 2.44.
Stock Support levels : 2.04, 2.01, 1.92, 1.86, 1.78,.
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