Stock Technical indicators to notice in TRINTECH SP.ADR (TTP.DU)
1- Last bearish trend was from 4.89 $ (12/1/2010) to 4.74 $ (12/14/2010) a 0.15 $ move 2- The current bullish trend started from 4.74 $ at 12/14/2010 and is currently trading at 4.88 $.
4- TTP.DU current resistance level is at 4.89 which is the 100.00 % fibonacci retracement of the last 0.15 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TRINTECH SP.ADR (TTP.DU) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.640 $ height triangle which was broken up at 4.830, target of the pattern is 5.470.
TRINTECH SP.ADR (TTP.DU) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 5.070 and 5.540 that was broken up at 4.560 transforming into a supporting line.
TRINTECH SP.ADR (TTP.DU) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 5.070 and 5.540 that was broken up at 4.560 transforming into a supporting line.
Stock Trading Conclusion:
TRINTECH SP.ADR (TTP.DU) was trading in a 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 : 4.89, 4.93, 4.98, 5.47.
Stock Support levels : 4.85, 4.83, 4.83, 4.81, 4.81, 4.80, 4.79, 4.79, 4.78, 4.74, 2.55,.
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