Stock Technical indicators to notice in TEXTRON INC (TXT.DE)
1- Last bullish trend was from 8.88 $ (6/30/2010) to 15.80 $ (8/9/2010) a 6.92 $ move 2- The current bearish trend started from 15.80 $ at 8/9/2010 and is currently trading at 13.56 $.
4- TXT.DE current resistance level is at 14.17 which is the 23.60 % fibonacci retracement of the last 6.92 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TEXTRON INC (TXT.DE) Short term stock chart patterns for internet stock trading :
None.
TEXTRON INC (TXT.DE) Mid term stock chart patterns for internet stock trading :
None.
TEXTRON INC (TXT.DE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
TEXTRON INC (TXT.DE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 14.09, 14.17, 14.42, 14.68, 14.94, 15.80,.
Stock Support levels : 13.50, 13.16, 12.34, 11.52, 8.88, 7.00,.