Stock Technical indicators to notice in Bumi Teknokultura Unggul Tbk (BTEK.JK)
1- Last bullish trend was from 1,040.00 $ (4/26/2012) to 1,190.00 $ (4/30/2012) a 150.00 $ move 2- The current bearish trend started from 1,190.00 $ at 4/30/2012 and is currently trading at 1,040.00 $.
4- BTEK.JK current resistance level is at 1,040.00 which is the 100.00 % fibonacci retracement of the last 150.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Bumi Teknokultura Unggul Tbk (BTEK.JK) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1,190.000 and 1,200.000, and is currently resisting at 1,187.778.
Bumi Teknokultura Unggul Tbk (BTEK.JK) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 1,190.000 and 1,200.000, and is currently resisting at 1,187.778.
Bumi Teknokultura Unggul Tbk (BTEK.JK) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 1,190.000 and 1,200.000, and is currently resisting at 1,187.778.
Stock Trading Conclusion:
Bumi Teknokultura Unggul Tbk (BTEK.JK) was trading in a strong 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 : 1,075.40, 1,097.30, 1,115.00, 1,132.70, 1,154.60, 1,187.78, 1,190.00,.
Stock Support levels : 999.20,.
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