Stock Technical indicators to notice in BALDA (BAD.HA)
1- Last bullish trend was from 3.31 $ (4/1/2010) to 3.66 $ (4/9/2010) a 0.35 $ move 2- The current bearish trend started from 3.66 $ at 4/9/2010 and is currently trading at 3.48 $.
4- BAD.HA current resistance level is at 3.49 which is the 50.00 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BALDA (BAD.HA) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 3.310 and 3.280, and is currently supporting at 3.335.
BALDA (BAD.HA) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.350 $ height triangle which was broken up at 3.550, target of the pattern is 3.900.
BALDA (BAD.HA) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 1.030 $ height triangle which was broken up at 3.330 in higher than usual volume, target of the pattern is 4.360.
Stock Trading Conclusion:
BALDA (BAD.HA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 3.49, 3.52, 3.53, 3.55, 3.57, 3.58, 3.59, 3.66, 3.90, 4.36.
Stock Support levels : 3.44, 3.41, 3.34, 3.31, 3.21, 3.14,.
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