Stock Technical indicators to notice in HUNTER DOUGLAS NV (HUN.SW)
1- Last bullish trend was from 29.90 $ (11/3/2008) to 34.80 $ (11/5/2008) a 4.90 $ move 2- The current bearish trend started from 34.80 $ at 11/5/2008 and is currently trading at 17.00 $.
HUNTER DOUGLAS NV (HUN.SW) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bearish stock channel identifed by support at 29.900 and 46.950,resistance between 34.800 and 49.750 which was broken up at 17.000 in higher than usual volume.
HUNTER DOUGLAS NV (HUN.SW) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 34.800 and 51.500, and is currently resisting at 22.871.
HUNTER DOUGLAS NV (HUN.SW) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 34.800 and 51.500, and is currently resisting at 22.871.
Stock Trading Conclusion:
HUNTER DOUGLAS NV (HUN.SW) was trading in a strong bearish wave, which is becoming stronger .
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 : 21.20, 22.87, 23.80, 25.90, 28.00, 34.80, 58.45.
Stock Support levels : 16.11.
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