Stock Technical indicators to notice in TIG THEMIS IND GR (VCOK.DU)
1- Last bullish trend was from 3.50 $ (7/23/2009) to 3.80 $ (8/4/2009) a 0.30 $ move 2- The current bearish trend started from 3.80 $ at 8/4/2009 and is currently trading at 3.32 $.
4- VCOK.DU current resistance level is at 3.42 which is the 127.20 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
TIG THEMIS IND GR (VCOK.DU) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 3.500 and 2.850 that was broken down at 3.300 transforming into a resistance line.
TIG THEMIS IND GR (VCOK.DU) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 2.250 and 1.600 that was broken down at 2.900 transforming into a resistance line.
TIG THEMIS IND GR (VCOK.DU) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 2.250 and 1.600 that was broken down at 2.900 transforming into a resistance line.
Stock Trading Conclusion:
TIG THEMIS IND GR (VCOK.DU) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 3.42, 3.43, 3.50, 3.50, 3.56, 3.61, 3.62, 3.65, 3.69, 3.73, 3.80, 3.86, 4.90,.
Stock Support levels : 3.31,.