Stock Technical indicators to notice in LINDT and SPRUENGL PS (LISP.SW)
1- Last bullish trend was from 2,822.00 $ (4/10/2012) to 3,000.00 $ (4/27/2012) a 178.00 $ move 2- The current bearish trend started from 3,000.00 $ at 4/27/2012 and is currently trading at 2,952.00 $.
4- LISP.SW current resistance level is at 2,957.99 which is the 23.60 % fibonacci retracement of the last 178.00 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
LINDT and SPRUENGL PS (LISP.SW) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 2,822.000 and 2,738.000, and is currently supporting at 2,880.154.
LINDT and SPRUENGL PS (LISP.SW) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 2,651.000 and 2,022.000 that was broken down at 2,812.000 transforming into a resistance line.
LINDT and SPRUENGL PS (LISP.SW) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 2,874.000 and 2,913.000 that was broken up at 2,800.000 transforming into a supporting line.
Stock Trading Conclusion:
LINDT and SPRUENGL PS (LISP.SW) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 2,957.99, 2,963.33, 2,970.34, 2,976.00, 2,981.66, 3,000.00, 3,106.88.
Stock Support levels : 2,932.00, 2,911.00, 2,890.00, 2,880.15, 2,822.00, 2,773.58, 2,765.39,.
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