Stock Technical indicators to notice in VALOR COMPUTERIZED (VCR.DU)
1- Last bearish trend was from 2.80 $ (2/22/2010) to 2.70 $ (2/25/2010) a 0.10 $ move 2- The current bullish trend started from 2.70 $ at 2/25/2010 and is currently trading at 2.75 $.
4- VCR.DU current resistance level is at 2.76 which is the 61.80 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
VALOR COMPUTERIZED (VCR.DU) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 2.700 .
7- The Stock formed a 0.150 $ height triangle which was broken up at 2.800, target of the pattern is 2.950.
VALOR COMPUTERIZED (VCR.DU) Mid term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 2.600 and 2.560 that was broken down at 2.700 transforming into a resistance line.
VALOR COMPUTERIZED (VCR.DU) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
VALOR COMPUTERIZED (VCR.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 : 2.76, 2.80, 2.83, 2.86, 2.87, 2.95, 3.05.
Stock Support levels : 2.74, 2.73, 2.72, 2.72, 2.72, 2.70,.