Stock Technical indicators to notice in Catur Sentosa Adiprana Tbk. (CSAP.JK)
1- Last bullish trend was from 235.00 $ (4/23/2012) to 320.00 $ (5/1/2012) a 85.00 $ move 2- The current bearish trend started from 320.00 $ at 5/1/2012 and is currently trading at 295.00 $.
4- CSAP.JK current resistance level is at 299.94 which is the 23.60 % fibonacci retracement of the last 85.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Catur Sentosa Adiprana Tbk. (CSAP.JK) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 235.000 .
Catur Sentosa Adiprana Tbk. (CSAP.JK) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 235.000 and 230.000, and is currently supporting at 236.552.
Catur Sentosa Adiprana Tbk. (CSAP.JK) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 230.000 and 200.000, and is currently supporting at 249.322.
Stock Trading Conclusion:
Catur Sentosa Adiprana Tbk. (CSAP.JK) was trading in a strong 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 : 299.94, 300.90, 304.55, 307.50, 310.45, 320.00,.
Stock Support levels : 287.53, 277.50, 267.47, 249.32, 236.55, 235.00, 211.88,.
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