Stock Technical indicators to notice in BIEN-ZENKER (BIE.DU)
1- Last bullish trend was from 5.41 $ (4/4/2012) to 7.27 $ (5/3/2012) a 1.86 $ move 2- The current bearish trend started from 7.27 $ at 5/3/2012 and is currently trading at 6.85 $.
4- BIE.DU current resistance level is at 7.27 which is the 0.00 % fibonacci retracement of the last 1.86 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
BIEN-ZENKER (BIE.DU) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 5.410 and 4.730,resistance between 7.270 and 6.500, the stock channel is currently supported from below by 5.810 and resisted from above by 7.315.
BIEN-ZENKER (BIE.DU) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 5.410 and 4.730,resistance between 7.270 and 6.500, the stock channel is currently supported from below by 5.810 and resisted from above by 7.315.
BIEN-ZENKER (BIE.DU) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 5.410 and 4.730, and is currently supporting at 5.810.
Stock Trading Conclusion:
BIEN-ZENKER (BIE.DU) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 6.95, 7.01, 7.06, 7.11, 7.27,.
Stock Support levels : 6.83, 6.56, 6.34, 6.12, 5.81, 5.41, 4.90,.
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