Stock Technical indicators to notice in PRYSMIAN (AEU.F)
1- Last bullish trend was from 11.94 $ (4/24/2012) to 12.74 $ (4/30/2012) a 0.80 $ move 2- The current bearish trend started from 12.74 $ at 4/30/2012 and is currently trading at 12.10 $.
4- AEU.F current resistance level is at 12.25 which is the 61.80 % fibonacci retracement of the last 0.80 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
PRYSMIAN (AEU.F) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 12.740 .
PRYSMIAN (AEU.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 11.940 and 9.420 that was broken down at 12.100 transforming into a resistance line.
PRYSMIAN (AEU.F) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 9.420 .
Stock Trading Conclusion:
PRYSMIAN (AEU.F) was trading in a strong bearish 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 : 12.19, 12.25, 12.25, 12.34, 12.34, 12.42, 12.43, 12.50, 12.55, 12.72, 12.74,.
Stock Support levels : 11.94, 11.72, 11.45,.
Related Stocks
| AMERICAN DENTAL PNR |
| AXCAN PHARMA |
| AEA TECHNOLOGY |
| MERCER INTL |
| AAER |