Stock Technical indicators to notice in OPTIMER PHARMATCLS (XYH.F)
1- Last bearish trend was from 9.91 $ (1/17/2012) to 9.12 $ (1/25/2012) a 0.79 $ move 2- The current bullish trend started from 9.12 $ at 1/25/2012 and is currently trading at 9.94 $.
4- XYH.F current resistance level is at 10.12 which is the 127.20 % fibonacci retracement of the last 0.79 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
OPTIMER PHARMATCLS (XYH.F) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 9.120 .
OPTIMER PHARMATCLS (XYH.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 9.120 and 8.750, and is currently supporting at 9.250.
OPTIMER PHARMATCLS (XYH.F) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 8.580 and 10.850 that was broken up at 7.890 transforming into a supporting line.
Stock Trading Conclusion:
OPTIMER PHARMATCLS (XYH.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 : 10.12, 10.40.
Stock Support levels : 9.91, 9.75, 9.63, 9.61, 9.53, 9.51, 9.43, 9.42, 9.31, 9.25, 9.12, 9.10,.
