Stock Technical indicators to notice in DAIMLER N (DCX.SW)
1- Last bullish trend was from 34.25 $ (11/13/2008) to 35.80 $ (11/14/2008) a 1.55 $ move 2- The current bearish trend started from 35.80 $ at 11/14/2008 and is currently trading at 30.10 $.
DAIMLER N (DCX.SW) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 35.800 and 40.000, and is currently resisting at 31.600.
DAIMLER N (DCX.SW) Mid term stock chart patterns for internet stock trading :
None.
DAIMLER N (DCX.SW) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
DAIMLER N (DCX.SW) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 31.45, 31.60, 32.28, 32.95, 33.62, 35.80.
Stock Support levels :.
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