Stock Technical indicators to notice in DSV (DSV.CO)
1- Last bearish trend was from 126.40 $ (4/17/2012) to 120.20 $ (4/26/2012) a 6.20 $ move 2- The current bullish trend started from 120.20 $ at 4/26/2012 and is currently trading at 128.30 $.
4- DSV.CO current resistance level is at 130.23 which is the 161.80 % fibonacci retracement of the last 6.20 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
DSV (DSV.CO) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 126.400 and 130.300 that was broken up at 126.900 transforming into a supporting line.
DSV (DSV.CO) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 120.200 and 96.900, and is currently supporting at 121.480.
DSV (DSV.CO) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 96.900 and 93.250, and is currently supporting at 103.771.
Stock Trading Conclusion:
DSV (DSV.CO) was trading in a bullish 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 : 130.23.
Stock Support levels : 128.09, 126.40, 126.39, 125.21, 124.25, 124.03, 123.30, 123.29, 122.57, 121.66, 121.48, 120.20, 119.71,.
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