Stock Technical indicators to notice in ANGLO PLATINUM ADR (RPH.DE)
1- Last bullish trend was from 10.59 $ (3/15/2011) to 11.58 $ (3/24/2011) a 0.99 $ move 2- The current bearish trend started from 11.58 $ at 3/24/2011 and is currently trading at 10.20 $.
4- RPH.DE current resistance level is at 10.32 which is the 127.20 % fibonacci retracement of the last 0.99 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
ANGLO PLATINUM ADR (RPH.DE) Short term stock chart patterns for internet stock trading :
7- The Stock formed a 12.640 $ height triangle which was broken down at 11.070, target of the pattern is -1.570.
ANGLO PLATINUM ADR (RPH.DE) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 12.640 $ height triangle which was broken down at 11.070, target of the pattern is -1.570.
ANGLO PLATINUM ADR (RPH.DE) Long term stock chart patterns for internet stock trading :
9- The Stock formed a 12.640 $ height triangle which was broken down at 11.070, target of the pattern is -1.570.
Stock Trading Conclusion:
ANGLO PLATINUM ADR (RPH.DE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 10.32, 10.53, 10.59, 10.73, 10.89, 10.97, 11.05, 11.09, 11.20, 11.35, 11.58, 14.27, 14.50, 15.92.
Stock Support levels : 9.98, -1.57,.