Stock Technical indicators to notice in BIO-GATE (BIG.DU)
1- Last bullish trend was from 0.75 $ (5/2/2012) to 0.80 $ (5/4/2012) a 0.05 $ move 2- The current bearish trend started from 0.80 $ at 5/4/2012 and is currently trading at 0.77 $.
4- BIG.DU current resistance level is at 0.77 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BIO-GATE (BIG.DU) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.800 and 0.820, and is currently resisting at 0.797.
BIO-GATE (BIG.DU) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.750 and 0.650, and is currently supporting at 0.759.
BIO-GATE (BIG.DU) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
BIO-GATE (BIG.DU) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.775, 0.777, 0.781, 0.781, 0.785, 0.788, 0.789, 0.797, 0.800,.
Stock Support levels : 0.769, 0.759, 0.750, 0.736,.
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