Stock Technical indicators to notice in VECTRON SYSTEMS (V3S.DU)
1- Last bearish trend was from 10.02 $ (1/18/2012) to 9.63 $ (1/24/2012) a 0.39 $ move 2- The current bullish trend started from 9.63 $ at 1/24/2012 and is currently trading at 11.70 $.
VECTRON SYSTEMS (V3S.DU) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 9.630 .
5- The Stock formed a 0.660 $ height triangle which was broken up at 9.870, target of the pattern is 10.530.
VECTRON SYSTEMS (V3S.DU) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 10.300 that failed, and formed a support .
7- The Stock was supported by a support line, identified by two points: 9.630 and 9.490, and is currently supporting at 9.741.
VECTRON SYSTEMS (V3S.DU) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 9.490 .
9- The Stock formed a 2.100 $ height triangle which was broken up at 9.830, target of the pattern is 11.930.
Stock Trading Conclusion:
VECTRON SYSTEMS (V3S.DU) was trading in a bullish wave, which is becoming stronger .
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 : 11.93.
Stock Support levels : 11.21, 10.91, 10.66, 10.42, 10.37, 9.74, 9.64, 9.63, 9.61, 9.60, 9.51, 9.10,.
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