Stock Technical indicators to notice in CI COM N PR (162580.SW)
1- Last bullish trend was from 1.36 $ (5/3/2012) to 1.95 $ (5/4/2012) a 0.59 $ move 2- The current bearish trend started from 1.95 $ at 5/4/2012 and is currently trading at 1.65 $.
4- 162580.SW current resistance level is at 1.65 which is the 50.00 % fibonacci retracement of the last 0.59 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CI COM N PR (162580.SW) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 1.950 .
CI COM N PR (162580.SW) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 1.950 .
CI COM N PR (162580.SW) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 1.950 .
Stock Trading Conclusion:
CI COM N PR (162580.SW) was trading in a bullish wave, which is becoming stronger .
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 : 1.65, 1.72, 1.72, 1.76, 1.80, 1.81, 1.84, 1.95,.
Stock Support levels : 1.59, 1.50, 1.36, 1.20,.