Stock Technical indicators to notice in UST INC (UST.DE)
1- Last bullish trend was from 34.50 $ (11/30/2007) to 36.00 $ (9/1/2008) a 1.50 $ move 2- The current bearish trend started from 36.00 $ at 9/1/2008 and is currently trading at 0.60 $.
4- Bullish Divergance in MACD Indicator .
UST INC (UST.DE) Short term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 36.000 and 39.240, and is currently resisting at 35.190.
UST INC (UST.DE) Mid term stock chart patterns for internet stock trading :
None.
UST INC (UST.DE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
UST INC (UST.DE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 8.954, 14.123, 18.300, 22.477, 35.190, 36.000.
Stock Support levels :.
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