Stock Technical indicators to notice in UPM-KYMMENE CORP. (RPL.DE)
1- Last bullish trend was from 8.80 $ (4/23/2012) to 9.86 $ (4/27/2012) a 1.06 $ move 2- The current bearish trend started from 9.86 $ at 4/27/2012 and is currently trading at 9.13 $.
4- RPL.DE current resistance level is at 9.20 which is the 61.80 % fibonacci retracement of the last 1.06 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
UPM-KYMMENE CORP. (RPL.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 8.800 and 8.590, and is currently supporting at 9.010.
UPM-KYMMENE CORP. (RPL.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 8.800 and 8.590, and is currently supporting at 9.010.
UPM-KYMMENE CORP. (RPL.DE) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 8.590 and 7.670, and is currently supporting at 8.802.
Stock Trading Conclusion:
UPM-KYMMENE CORP. (RPL.DE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 9.20, 9.30, 9.33, 9.41, 9.46, 9.49, 9.58, 9.61, 9.86,.
Stock Support levels : 9.01, 8.80, 8.80, 8.51,.