Stock Technical indicators to notice in DAHLBUSCH (DAL.F)
1- Last bearish trend was from 385.00 $ (6/17/2011) to 354.12 $ (9/19/2011) a 30.88 $ move 2- The current bullish trend started from 354.12 $ at 9/19/2011 and is currently trading at 376.10 $.
4- DAL.F current resistance level is at 385.00 which is the 100.00 % fibonacci retracement of the last 30.88 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
DAHLBUSCH (DAL.F) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 385.000 and 400.000 that was broken up at 371.350 transforming into a supporting line.
DAHLBUSCH (DAL.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 400.000 and 420.000 that was broken up at 385.000 transforming into a supporting line.
DAHLBUSCH (DAL.F) Long term stock chart patterns for internet stock trading :
8- The Stock is trading in a stock channel between 354.120 $ and 420.000 $.
Stock Trading Conclusion:
DAHLBUSCH (DAL.F) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 385.00, 393.40, 404.08, 420.00.
Stock Support levels : 373.20, 370.91, 369.56, 367.70, 365.92, 365.11, 362.52, 361.41, 354.12, 353.35, 195.83,.
Related Stocks
| DAHLBUSCH VZ |
| DATA MODUL |
| DANA CORP. |
| DAINIPPON SCREEN |
| DANAHER |