Stock Technical indicators to notice in HYPOPORT N (HYQ.DE)
1- Last bullish trend was from 10.80 $ (4/27/2012) to 11.34 $ (5/2/2012) a 0.54 $ move 2- The current bearish trend started from 11.34 $ at 5/2/2012 and is currently trading at 10.75 $.
4- HYQ.DE current resistance level is at 10.80 which is the 100.00 % fibonacci retracement of the last 0.54 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
HYPOPORT N (HYQ.DE) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 3.450 $ height triangle which was broken down at 10.750, target of the pattern is 7.300.
HYPOPORT N (HYQ.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 7.550 and 6.950, and is currently supporting at 8.324.
HYPOPORT N (HYQ.DE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 8.500 and 11.490 that was broken up at 8.020 transforming into a supporting line.
Stock Trading Conclusion:
HYPOPORT N (HYQ.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 : 10.80, 10.89, 10.98, 11.01, 11.05, 11.07, 11.11, 11.13, 11.21, 11.32, 11.34,.
Stock Support levels : 10.65, 10.47, 8.32, 7.30,.
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