Stock Technical indicators to notice in KESA ELECTRICALS (KE4.DE)
1- Last bullish trend was from 1.32 $ (9/3/2010) to 1.88 $ (12/1/2010) a 0.56 $ move 2- The current bearish trend started from 1.88 $ at 12/1/2010 and is currently trading at 1.31 $.
4- KE4.DE current resistance level is at 1.32 which is the 100.00 % fibonacci retracement of the last 0.56 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,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.
KESA ELECTRICALS (KE4.DE) Short term stock chart patterns for internet stock trading :
KESA ELECTRICALS (KE4.DE) Mid term stock chart patterns for internet stock trading :
KESA ELECTRICALS (KE4.DE) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
KESA ELECTRICALS (KE4.DE) was trading in a strong bearish 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 : 1.32, 1.44, 1.53, 1.53, 1.60, 1.60, 1.66, 1.67, 1.75, 1.88,.
Stock Support levels : 1.17,.