Stock Technical indicators to notice in TPV TECHNOLOGY (TPV.F)
1- Last bullish trend was from 0.16 $ (4/30/2012) to 0.18 $ (5/4/2012) a 0.02 $ move 2- The current bearish trend started from 0.18 $ at 5/4/2012 and is currently trading at 0.17 $.
4- TPV.F current resistance level is at 0.17 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TPV TECHNOLOGY (TPV.F) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.180 .
TPV TECHNOLOGY (TPV.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.240 and 0.250 that was broken up at 0.180 transforming into a supporting line.
TPV TECHNOLOGY (TPV.F) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.240 and 0.250 that was broken up at 0.180 transforming into a supporting line.
Stock Trading Conclusion:
TPV TECHNOLOGY (TPV.F) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.172, 0.174, 0.175, 0.175, 0.176, 0.180, 0.190,.
Stock Support levels : 0.168, 0.160, 0.155, 0.148, 0.145,.
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