Stock Technical indicators to notice in SCHLATTER HLDG N (STRN.SW)
1- Last bearish trend was from 198.00 $ (4/24/2012) to 163.00 $ (4/27/2012) a 35.00 $ move 2- The current bullish trend started from 163.00 $ at 4/27/2012 and is currently trading at 166.00 $.
4- STRN.SW current resistance level is at 171.26 which is the 23.60 % fibonacci retracement of the last 35.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SCHLATTER HLDG N (STRN.SW) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 163.000 and 161.100, and is currently supporting at 164.056.
SCHLATTER HLDG N (STRN.SW) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 198.000 and 205.000, and is currently resisting at 194.706.
SCHLATTER HLDG N (STRN.SW) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 52.000 $ height triangle.
Stock Trading Conclusion:
SCHLATTER HLDG N (STRN.SW) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 171.26, 176.37, 180.50, 184.63, 187.00, 194.71, 198.00, 207.52, 219.63.
Stock Support levels : 165.29, 164.85, 164.50, 164.15, 164.06, 163.00,.
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