Stock Technical indicators to notice in ROWAN COS (RCS.F)
1- Last bearish trend was from 25.67 $ (4/13/2012) to 24.63 $ (4/17/2012) a 1.04 $ move 2- The current bullish trend started from 24.63 $ at 4/17/2012 and is currently trading at 26.58 $.
ROWAN COS (RCS.F) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 4.480 $ height triangle which was broken up at 25.440, target of the pattern is 29.920 which was broken down at 25.040, target of the pattern is 20.560.
ROWAN COS (RCS.F) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 23.600 and 22.410, and is currently supporting at 23.811.
ROWAN COS (RCS.F) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 23.600 and 22.410, and is currently supporting at 23.811.
Stock Trading Conclusion:
ROWAN COS (RCS.F) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 28.41, 29.92.
Stock Support levels : 26.12, 25.84, 25.60, 25.37, 24.63, 23.83, 23.81,.
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