Stock Technical indicators to notice in ABN AMRO HOLDING (AAH.SW)
1- Last bullish trend was from 58.70 $ (3/10/2008) to 61.55 $ (4/18/2008) a 2.85 $ move 2- The current bearish trend started from 61.55 $ at 4/18/2008 and is currently trading at 58.70 $.
4- AAH.SW current resistance level is at 58.70 which is the 100.00 % fibonacci retracement of the last 2.85 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
ABN AMRO HOLDING (AAH.SW) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 58.700 and 53.600 that was broken down at 59.850 transforming into a resistance line.
ABN AMRO HOLDING (AAH.SW) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 53.600 and 51.900, and is currently supporting at 56.256.
ABN AMRO HOLDING (AAH.SW) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 53.600 and 51.900, and is currently supporting at 56.256.
Stock Trading Conclusion:
ABN AMRO HOLDING (AAH.SW) was trading in a strong bullish 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 : 59.37, 59.79, 60.13, 60.46, 60.88, 61.55, 79.10.
Stock Support levels : 57.92, 56.94, 56.26,.
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