Stock Technical indicators to notice in SPEEDEL HLDG N (J6H1.F)
1- Last bullish trend was from 84.19 $ (2/10/2009) to 88.10 $ (3/6/2009) a 3.91 $ move 2- The current bearish trend started from 88.10 $ at 3/6/2009 and is currently trading at 84.13 $.
4- J6H1.F current resistance level is at 84.19 which is the 100.00 % fibonacci retracement of the last 3.91 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SPEEDEL HLDG N (J6H1.F) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 88.100 .
7- The Stock formed a 7.740 $ height triangle which was broken down at 86.240, target of the pattern is 78.500.
SPEEDEL HLDG N (J6H1.F) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 88.100 .
SPEEDEL HLDG N (J6H1.F) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 80.200 and 77.000 that was broken down at 82.740 transforming into a resistance line.
Stock Trading Conclusion:
SPEEDEL HLDG N (J6H1.F) was trading in a bearish 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 : 84.19, 85.07, 85.65, 85.68, 86.11, 86.15, 86.58, 86.61, 87.18, 88.10, 88.27, 88.83, 88.88, 88.93, 94.22, 105.17.
Stock Support levels : 83.13, 81.77,.
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