Stock Technical indicators to notice in FIRST CHOICE HOLS (FCI.F)
1- Last bullish trend was from 3.80 $ (8/22/2007) to 4.30 $ (8/23/2007) a 0.50 $ move 2- The current bearish trend started from 4.30 $ at 8/23/2007 and is currently trading at 4.10 $.
4- FCI.F current resistance level is at 4.11 which is the 38.20 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
FIRST CHOICE HOLS (FCI.F) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 3.800 .
FIRST CHOICE HOLS (FCI.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 4.570 and 5.000 that was broken up at 4.300 transforming into a supporting line.
FIRST CHOICE HOLS (FCI.F) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 4.570 and 5.000 that was broken up at 4.300 transforming into a supporting line.
Stock Trading Conclusion:
FIRST CHOICE HOLS (FCI.F) was trading in a bearish wave, which is becoming weaker .
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 : 4.11, 4.15, 4.18, 4.18, 4.20, 4.22, 4.30,.
Stock Support levels : 4.05, 3.99, 3.80, 3.66, 3.57,.
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