Stock Technical indicators to notice in HAIER ELECT GRP (HC7.F)
1- Last bullish trend was from 0.23 $ (3/5/2007) to 0.24 $ (3/6/2007) a 0.01 $ move 2- The current bearish trend started from 0.24 $ at 3/6/2007 and is currently trading at 0.23 $.
4- HC7.F current resistance level is at 0.23 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
HAIER ELECT GRP (HC7.F) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 0.230 and 0.250,resistance between 0.240 and 0.260, the stock channel is currently supported from below by 0.223 and resisted from above by 0.237.
HAIER ELECT GRP (HC7.F) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 0.260 .
HAIER ELECT GRP (HC7.F) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
HAIER ELECT GRP (HC7.F) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.232, 0.234, 0.235, 0.236, 0.238, 0.240, 0.260.
Stock Support levels : 0.227,.