Stock Technical indicators to notice in PRECISE BIOMETRICS (PBCB.DE)
1- Last bullish trend was from 0.14 $ (9/1/2010) to 0.19 $ (11/15/2010) a 0.05 $ move 2- The current bearish trend started from 0.19 $ at 11/15/2010 and is currently trading at 0.14 $.
4- PBCB.DE current resistance level is at 0.14 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PRECISE BIOMETRICS (PBCB.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.250, and is currently resisting at 0.180.
PRECISE BIOMETRICS (PBCB.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.250, and is currently resisting at 0.180.
PRECISE BIOMETRICS (PBCB.DE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.250, and is currently resisting at 0.180.
Stock Trading Conclusion:
PRECISE BIOMETRICS (PBCB.DE) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.152, 0.159, 0.165, 0.171, 0.178, 0.180, 0.190,.
Stock Support levels : 0.126,.