Stock Technical indicators to notice in ALITALIA (ALI1.DE)
1- Last bullish trend was from 0.47 $ (5/28/2008) to 0.52 $ (5/30/2008) a 0.05 $ move 2- The current bearish trend started from 0.52 $ at 5/30/2008 and is currently trading at 0.48 $.
4- ALI1.DE current resistance level is at 0.49 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ALITALIA (ALI1.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.520 and 0.560 that was broken up at 0.480 transforming into a supporting line.
ALITALIA (ALI1.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.520 and 0.610 that was broken up at 0.480 transforming into a supporting line.
ALITALIA (ALI1.DE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.610 and 0.620 that was broken up at 0.480 transforming into a supporting line.
Stock Trading Conclusion:
ALITALIA (ALI1.DE) was trading in a bearish wave, which is becoming weaker .
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 : 0.489, 0.489, 0.495, 0.495, 0.500, 0.501, 0.505, 0.508, 0.520,.
Stock Support levels : 0.470, 0.456, 0.439, 0.135, -1.290,.
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