Stock Technical indicators to notice in BFI Finance Indonesia Tbk (BFIN.JK)
1- Last bearish trend was from 4,900.00 $ (4/10/2012) to 4,625.00 $ (4/27/2012) a 275.00 $ move 2- The current bullish trend started from 4,625.00 $ at 4/27/2012 and is currently trading at 5,100.00 $.
BFI Finance Indonesia Tbk (BFIN.JK) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 4,625.000 .
5- The Stock formed a 575.000 $ height triangle which was broken up at 4,775.000, target of the pattern is 5,350.000.
BFI Finance Indonesia Tbk (BFIN.JK) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 5,200.000 and 5,700.000 that was broken up at 4,875.000 transforming into a supporting line.
BFI Finance Indonesia Tbk (BFIN.JK) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 5,700.000 .
Stock Trading Conclusion:
BFI Finance Indonesia Tbk (BFIN.JK) was trading in a bullish wave, which is becoming stronger .
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 : 5,350.00, 5,700.00.
Stock Support levels : 4,987.90, 4,918.55, 4,862.50, 4,806.45, 4,625.00, 4,409.09,.
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