Stock Technical indicators to notice in DU PONT NEMOURS and CO (DUP.DE)
1- Last bearish trend was from 40.96 $ (4/18/2012) to 39.46 $ (4/23/2012) a 1.50 $ move 2- The current bullish trend started from 39.46 $ at 4/23/2012 and is currently trading at 40.08 $.
4- DUP.DE current resistance level is at 40.21 which is the 50.00 % fibonacci retracement of the last 1.50 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
DU PONT NEMOURS and CO (DUP.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 39.460 and 39.150, and is currently supporting at 39.809.
DU PONT NEMOURS and CO (DUP.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 33.220 and 32.670, and is currently supporting at 37.803.
DU PONT NEMOURS and CO (DUP.DE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 34.170 and 38.920 that was broken up at 32.420 transforming into a supporting line.
Stock Trading Conclusion:
DU PONT NEMOURS and CO (DUP.DE) was trading in a bullish 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 : 40.21, 40.39, 40.96, 41.37, 41.89.
Stock Support levels : 40.03, 39.93, 39.84, 39.81, 39.81, 39.77, 39.70, 39.46, 37.80, 37.80,.
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