Stock Technical indicators to notice in DTS (DA9.F)
1- Last bearish trend was from 10.20 $ (3/23/2012) to 9.31 $ (4/10/2012) a 0.89 $ move 2- The current bullish trend started from 9.31 $ at 4/10/2012 and is currently trading at 10.27 $.
4- DA9.F current resistance level is at 10.44 which is the 127.20 % fibonacci retracement of the last 0.89 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
DTS (DA9.F) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 10.200 and 10.360 that was broken up at 10.170 transforming into a supporting line.
DTS (DA9.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 10.200 and 10.360 that was broken up at 10.170 transforming into a supporting line.
DTS (DA9.F) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 9.310 and 7.770, and is currently supporting at 9.569.
Stock Trading Conclusion:
DTS (DA9.F) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 10.44, 10.75.
Stock Support levels : 10.20, 10.04, 9.90, 9.86, 9.86, 9.79, 9.76, 9.68, 9.65, 9.57, 9.52, 9.31,.
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