Stock Technical indicators to notice in JARDINE CYCLE and CARR (CYC.DE)
1- Last bullish trend was from 21.35 $ (10/27/2010) to 22.75 $ (10/28/2010) a 1.40 $ move 2- The current bearish trend started from 22.75 $ at 10/28/2010 and is currently trading at 19.00 $.
JARDINE CYCLE and CARR (CYC.DE) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 5.000 $ height triangle which was broken down at 21.350, target of the pattern is 16.350.
JARDINE CYCLE and CARR (CYC.DE) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 5.000 $ height triangle which was broken down at 21.350, target of the pattern is 16.350.
JARDINE CYCLE and CARR (CYC.DE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
JARDINE CYCLE and CARR (CYC.DE) 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 : 19.89, 20.43, 20.88, 21.32, 22.75, 24.32,.
Stock Support levels : 16.35,.
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