Stock Technical indicators to notice in VIDESH SANCH SP.ADR (VIDB.DE)
1- Last bearish trend was from 23.00 $ (12/5/2007) to 17.50 $ (1/23/2008) a 5.50 $ move 2- The current bullish trend started from 17.50 $ at 1/23/2008 and is currently trading at 20.24 $.
4- VIDB.DE current resistance level is at 20.25 which is the 50.00 % fibonacci retracement of the last 5.50 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
VIDESH SANCH SP.ADR (VIDB.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 17.500 and 16.000, and is currently supporting at 17.600.
VIDESH SANCH SP.ADR (VIDB.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 17.500 and 16.000, and is currently supporting at 17.600.
VIDESH SANCH SP.ADR (VIDB.DE) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 17.500 and 16.000, and is currently supporting at 17.600.
Stock Trading Conclusion:
VIDESH SANCH SP.ADR (VIDB.DE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 20.25, 20.90, 23.00, 24.50, 26.40.
Stock Support levels : 19.60, 19.59, 19.19, 18.87, 18.80, 18.55, 17.60, 17.50,.
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