Stock Technical indicators to notice in GASANST KAISERSLAUT (GAK.F)
1- Last bullish trend was from 145.00 $ (12/3/2010) to 151.00 $ (12/7/2010) a 6.00 $ move 2- The current bearish trend started from 151.00 $ at 12/7/2010 and is currently trading at 146.00 $.
4- GAK.F current resistance level is at 147.29 which is the 61.80 % fibonacci retracement of the last 6.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
GASANST KAISERSLAUT (GAK.F) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 145.000 $ and 151.000 $.
GASANST KAISERSLAUT (GAK.F) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 141.050 .
8- The Stock formed a 51.490 $ height triangle which was broken up at 157.990, target of the pattern is 209.480.
GASANST KAISERSLAUT (GAK.F) Long term stock chart patterns for internet stock trading :
9- The Stock formed a 65.440 $ height triangle which was broken up at 157.990, target of the pattern is 223.430 which was broken down at 146.000, target of the pattern is 80.560.
Stock Trading Conclusion:
GASANST KAISERSLAUT (GAK.F) was trading in a strong 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 : 147.18, 147.29, 147.91, 148.00, 148.50, 148.71, 149.09, 149.40, 149.58, 151.00, 209.48, 223.43.
Stock Support levels : 145.00, 143.37, 141.29, 140.28, 80.56, -308.50,.