Stock Technical indicators to notice in PRICE COMMUNICATION (PRQ.F)
1- Last bearish trend was from 17.29 $ (8/1/2007) to 16.22 $ (8/6/2007) a 1.07 $ move 2- The current bullish trend started from 16.22 $ at 8/6/2007 and is currently trading at 16.89 $.
4- PRQ.F current resistance level is at 17.29 which is the 100.00 % fibonacci retracement of the last 1.07 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PRICE COMMUNICATION (PRQ.F) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 17.290 .
PRICE COMMUNICATION (PRQ.F) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 17.290 .
8- The Stock formed a 2.800 $ height triangle.
PRICE COMMUNICATION (PRQ.F) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
PRICE COMMUNICATION (PRQ.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 : 17.29, 17.30, 17.33, 17.58, 17.95.
Stock Support levels : 16.88, 16.76, 16.73, 16.63, 16.63, 16.56, 16.48, 16.47, 16.22,.
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