Stock Technical indicators to notice in TYCO INTL (LHN.DE)
1- Last bullish trend was from 14.00 $ (3/4/2009) to 18.30 $ (3/13/2009) a 4.30 $ move 2- The current bearish trend started from 18.30 $ at 3/13/2009 and is currently trading at 14.70 $.
4- LHN.DE current resistance level is at 15.64 which is the 61.80 % fibonacci retracement of the last 4.30 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
TYCO INTL (LHN.DE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 14.000 .
7- The Stock formed a 11.000 $ height triangle which was broken up at 14.700, target of the pattern is 25.700.
TYCO INTL (LHN.DE) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 14.000 .
9- The Stock formed a 11.000 $ height triangle which was broken up at 14.700, target of the pattern is 25.700.
TYCO INTL (LHN.DE) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 14.000 .
11- The Stock formed a 11.000 $ height triangle which was broken up at 14.700, target of the pattern is 25.700.
Stock Trading Conclusion:
TYCO INTL (LHN.DE) was trading in a strong bearish wave, which is becoming stronger .
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 : 15.55, 15.64, 16.08, 16.15, 16.50, 16.66, 16.92, 17.29, 18.30, 25.70,.
Stock Support levels : 14.00, 12.83, 11.34, -0.84,.
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