Stock Technical indicators to notice in CHINA PHARMA HLDGS (XQJ.F)
1- Last bullish trend was from 0.55 $ (1/24/2012) to 0.58 $ (1/25/2012) a 0.03 $ move 2- The current bearish trend started from 0.58 $ at 1/25/2012 and is currently trading at 0.54 $.
4- XQJ.F current resistance level is at 0.54 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHINA PHARMA HLDGS (XQJ.F) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.580 and 0.600, and is currently resisting at 0.552.
CHINA PHARMA HLDGS (XQJ.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.460 and 0.450, and is currently supporting at 0.477.
CHINA PHARMA HLDGS (XQJ.F) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.620 and 0.640, and is currently resisting at 0.609.
Stock Trading Conclusion:
CHINA PHARMA HLDGS (XQJ.F) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.542, 0.549, 0.550, 0.552, 0.555, 0.560, 0.561, 0.565, 0.565, 0.569, 0.573, 0.580, 0.609.
Stock Support levels : 0.531,.
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