Stock Technical indicators to notice in TRANSITION (RFYA.F)
1- Last bearish trend was from 1.38 $ (4/10/2012) to 1.30 $ (4/13/2012) a 0.08 $ move 2- The current bullish trend started from 1.30 $ at 4/13/2012 and is currently trading at 1.45 $.
TRANSITION (RFYA.F) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 1.300 .
5- The Stock formed a 0.160 $ height triangle which was broken up at 1.360, target of the pattern is 1.520.
TRANSITION (RFYA.F) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 1.300 .
7- The Stock formed a 0.170 $ height triangle which was broken up at 1.470 in higher than usual volume, target of the pattern is 1.640.
TRANSITION (RFYA.F) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 1.300 .
9- The Stock formed a 0.170 $ height triangle which was broken up at 1.470 in higher than usual volume, target of the pattern is 1.640.
Stock Trading Conclusion:
TRANSITION (RFYA.F) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 1.52, 1.64,.
Stock Support levels : 1.41, 1.41, 1.39, 1.38, 1.36, 1.30,.
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