Stock Technical indicators to notice in PPG INDUSTRIES (PPQ.DE)
1- Last bearish trend was from 59.05 $ (9/28/2007) to 45.10 $ (6/23/2010) a 13.95 $ move 2- The current bullish trend started from 45.10 $ at 6/23/2010 and is currently trading at 58.80 $.
4- PPQ.DE current resistance level is at 59.05 which is the 100.00 % fibonacci retracement of the last 13.95 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
PPG INDUSTRIES (PPQ.DE) Short term stock chart patterns for internet stock trading :
None.
PPG INDUSTRIES (PPQ.DE) Mid term stock chart patterns for internet stock trading :
None.
PPG INDUSTRIES (PPQ.DE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
PPG INDUSTRIES (PPQ.DE) was trading in a strong bullish 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 : 59.05, 62.84, 67.67.
Stock Support levels : 55.57, 53.72, 53.57, 52.07, 51.95, 50.43, 50.33, 48.39, 45.10,.
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