Stock Technical indicators to notice in BLUE DOLPHIN ENERGY (BD7.F)
1- Last bullish trend was from 0.25 $ (7/9/2010) to 0.30 $ (7/12/2010) a 0.05 $ move 2- The current bearish trend started from 0.30 $ at 7/12/2010 and is currently trading at 0.24 $.
4- BD7.F current resistance level is at 0.25 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
BLUE DOLPHIN ENERGY (BD7.F) Short term stock chart patterns for internet stock trading :
None.
BLUE DOLPHIN ENERGY (BD7.F) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.340, and is currently resisting at 0.273.
BLUE DOLPHIN ENERGY (BD7.F) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.340, and is currently resisting at 0.273.
Stock Trading Conclusion:
BLUE DOLPHIN ENERGY (BD7.F) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.250, 0.254, 0.263, 0.269, 0.270, 0.273, 0.275, 0.277, 0.281, 0.288, 0.300,.
Stock Support levels : 0.236,.
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