Stock Technical indicators to notice in TISCALI (TIQ.DU)
1- Last bearish trend was from 0.27 $ (8/18/2009) to 0.26 $ (8/21/2009) a 0.01 $ move 2- The current bullish trend started from 0.26 $ at 8/21/2009 and is currently trading at 0.30 $.
TISCALI (TIQ.DU) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.260 .
5- The Stock formed a 0.030 $ height triangle which was broken up at 0.260, target of the pattern is 0.290.
TISCALI (TIQ.DU) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.290 that failed, and formed a support .
TISCALI (TIQ.DU) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.260 and 0.200, and is currently supporting at 0.297.
Stock Trading Conclusion:
TISCALI (TIQ.DU) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 0.297, 0.291, 0.290, 0.285, 0.280, 0.275, 0.260,.
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