Stock Technical indicators to notice in VI(Z)RT (VIZ.DU)
1- Last bearish trend was from 2.15 $ (9/10/2009) to 2.01 $ (9/15/2009) a 0.14 $ move 2- The current bullish trend started from 2.01 $ at 9/15/2009 and is currently trading at 2.97 $.
VI(Z)RT (VIZ.DU) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bullish stock channel identifed by support at 2.010 and 1.810,resistance between 2.150 and 1.920 which was broken up at 2.370.
VI(Z)RT (VIZ.DU) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bullish stock channel identifed by support at 2.010 and 1.490,resistance between 2.150 and 1.610 which was broken up at 2.240.
VI(Z)RT (VIZ.DU) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1.840 and 2.220 that was broken up at 1.630 transforming into a supporting line.
Stock Trading Conclusion:
VI(Z)RT (VIZ.DU) was trading in a strong bullish wave, which is becoming weaker .
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 : 2.75, 2.74, 2.60, 2.52, 2.49, 2.38, 2.01,.