Stock Technical indicators to notice in TAI SHING INTL (XI2.F)
1- Last bullish trend was from 0.29 $ (4/13/2010) to 0.30 $ (4/15/2010) a 0.01 $ move 2- The current bearish trend started from 0.30 $ at 4/15/2010 and is currently trading at 0.28 $.
TAI SHING INTL (XI2.F) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 0.300 .
5- The Stock formed a 0.020 $ height triangle which was broken down at 0.280, target of the pattern is 0.260.
TAI SHING INTL (XI2.F) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.280 .
7- The Stock formed a 0.030 $ height triangle.
TAI SHING INTL (XI2.F) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.260 $ height triangle which was broken down at 0.290, target of the pattern is 0.030.
Stock Trading Conclusion:
TAI SHING INTL (XI2.F) was trading in a strong 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 : 0.285, 0.288, 0.290, 0.292, 0.293, 0.300, 0.472.
Stock Support levels : 0.260,.