Stock Technical indicators to notice in JAPAN RADIO (JAR.DE)
1- Last bearish trend was from 2.49 $ (5/26/2010) to 1.73 $ (12/17/2010) a 0.76 $ move 2- The current bullish trend started from 1.73 $ at 12/17/2010 and is currently trading at 2.50 $.
4- JAR.DE current resistance level is at 2.70 which is the 127.20 % fibonacci retracement of the last 0.76 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
JAPAN RADIO (JAR.DE) Short term stock chart patterns for internet stock trading :
None.
JAPAN RADIO (JAR.DE) Mid term stock chart patterns for internet stock trading :
None.
JAPAN RADIO (JAR.DE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
JAPAN RADIO (JAR.DE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 2.70, 2.96.
Stock Support levels : 2.49, 2.32, 2.21, 2.20, 2.12, 2.11, 2.02, 2.02, 1.91, 1.73,.
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