Stock Technical indicators to notice in TIANJINPORT DEV (3382.HK)
1- Last bearish trend was from 1.08 $ (4/16/2012) to 1.03 $ (4/18/2012) a 0.05 $ move 2- The current bullish trend started from 1.03 $ at 4/18/2012 and is currently trading at 1.05 $.
4- 3382.HK current resistance level is at 1.06 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TIANJINPORT DEV (3382.HK) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1.080 and 1.100 that was broken up at 1.060 transforming into a supporting line.
TIANJINPORT DEV (3382.HK) Mid term stock chart patterns for internet stock trading :
None.
TIANJINPORT DEV (3382.HK) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
TIANJINPORT DEV (3382.HK) was trading in a bullish 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 : 1.06, 1.06, 1.08, 1.09, 1.11.
Stock Support levels : 1.05, 1.05, 1.04, 1.04, 1.04, 1.04, 1.04, 1.03,.
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