Stock Technical indicators to notice in CLAYTON WLMS EGY (QC6.F)
1- Last bullish trend was from 55.78 $ (4/11/2012) to 60.40 $ (4/18/2012) a 4.62 $ move 2- The current bearish trend started from 60.40 $ at 4/18/2012 and is currently trading at 51.42 $.
CLAYTON WLMS EGY (QC6.F) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 60.400 and 62.590, and is currently resisting at 58.523.
CLAYTON WLMS EGY (QC6.F) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 60.400 and 62.590, and is currently resisting at 58.523.
CLAYTON WLMS EGY (QC6.F) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 57.110 and 44.720 that was broken down at 57.260 transforming into a resistance line.
Stock Trading Conclusion:
CLAYTON WLMS EGY (QC6.F) was trading in a bearish wave, which is becoming stronger .
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 : 53.54, 54.85, 55.91, 56.97, 58.52, 60.40, 137.23.
Stock Support levels :.
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