Stock Technical indicators to notice in PSB (PSB.DU)
1- Last bullish trend was from 12.00 $ (7/29/2008) to 12.90 $ (8/6/2008) a 0.90 $ move 2- The current bearish trend started from 12.90 $ at 8/6/2008 and is currently trading at 12.75 $.
4- PSB.DU current resistance level is at 12.90 which is the 0.00 % fibonacci retracement of the last 0.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
PSB (PSB.DU) Short term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 12.000 .
PSB (PSB.DU) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 12.000 .
PSB (PSB.DU) Long term stock chart patterns for internet stock trading :
9- The Stock formed Double Bottom Pattern at 10.100 .
Stock Trading Conclusion:
PSB (PSB.DU) was trading in a strong 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 : 12.79, 12.81, 12.82, 12.84, 12.90,.
Stock Support levels : 12.69, 12.56, 12.45, 12.34, 12.00, 11.76, 11.44,.
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