Stock Technical indicators to notice in TIPTEL (TIL.DU)
1- Last bullish trend was from 0.01 $ (4/26/2012) to 0.02 $ (5/3/2012) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 5/3/2012 and is currently trading at 0.01 $.
4- TIL.DU current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
TIPTEL (TIL.DU) Short term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030, the stock channel is currently supported from below by 0.007 and resisted from above by 0.019.
TIPTEL (TIL.DU) Mid term stock chart patterns for internet stock trading :
8- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030, the stock channel is currently supported from below by 0.007 and resisted from above by 0.019.
TIPTEL (TIL.DU) Long term stock chart patterns for internet stock trading :
9- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030, the stock channel is currently supported from below by 0.007 and resisted from above by 0.019.
Stock Trading Conclusion:
TIPTEL (TIL.DU) was trading in a strong 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 : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020, 0.030,.
Stock Support levels : 0.007,.
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