Stock Technical indicators to notice in REPSOL YPF ADR (REPA.DE)
1- Last bullish trend was from 16.86 $ (8/19/2011) to 22.70 $ (12/29/2011) a 5.84 $ move 2- The current bearish trend started from 22.70 $ at 12/29/2011 and is currently trading at 14.37 $.
4- REPA.DE current resistance level is at 15.27 which is the 127.20 % fibonacci retracement of the last 5.84 $ 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.
REPSOL YPF ADR (REPA.DE) Short term stock chart patterns for internet stock trading :
None.
REPSOL YPF ADR (REPA.DE) Mid term stock chart patterns for internet stock trading :
None.
REPSOL YPF ADR (REPA.DE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
REPSOL YPF ADR (REPA.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 : 15.27, 16.34, 16.86, 17.55, 18.53, 19.09, 19.52, 19.78, 20.47, 21.32, 22.70,.
Stock Support levels : 13.25.