Stock Technical indicators to notice in INTERSPORT PSC N (IHSN.SW)
1- Last bullish trend was from 88.15 $ (4/26/2012) to 99.80 $ (4/27/2012) a 11.65 $ move 2- The current bearish trend started from 99.80 $ at 4/27/2012 and is currently trading at 88.05 $.
4- IHSN.SW current resistance level is at 88.15 which is the 100.00 % fibonacci retracement of the last 11.65 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
INTERSPORT PSC N (IHSN.SW) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 88.150 that failed and formed a resistance.
7- The Stock was supported by a support line, identified by two points: 88.150 and 88.000 that was broken down at 88.150 transforming into a resistance line.
INTERSPORT PSC N (IHSN.SW) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 99.800 .
9- The Stock formed a 15.000 $ height triangle which was broken down at 88.150, target of the pattern is 73.150.
INTERSPORT PSC N (IHSN.SW) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Top Pattern at 99.800 .
11- The Stock formed a 15.000 $ height triangle which was broken down at 88.150, target of the pattern is 73.150.
Stock Trading Conclusion:
INTERSPORT PSC N (IHSN.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 : 88.15, 88.26, 89.75, 90.82, 92.54, 92.60, 93.93, 93.98, 95.31, 95.35, 97.05, 99.74, 99.80,.
Stock Support levels : 84.98, 80.95, 73.15,.
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