Stock Technical indicators to notice in Jembo Cable Company Tbk (JECC.JK)
1- Last bearish trend was from 890.00 $ (4/23/2012) to 860.00 $ (4/25/2012) a 30.00 $ move 2- The current bullish trend started from 860.00 $ at 4/25/2012 and is currently trading at 1,870.00 $.
Jembo Cable Company Tbk (JECC.JK) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 860.000 and 810.000, and is currently supporting at 903.750.
Jembo Cable Company Tbk (JECC.JK) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 810.000 and 770.000, and is currently supporting at 870.000.
Jembo Cable Company Tbk (JECC.JK) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 120.000 $ height triangle which was broken up at 590.000 in higher than usual volume, target of the pattern is 710.000.
Stock Trading Conclusion:
Jembo Cable Company Tbk (JECC.JK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 1,631.64, 1,484.18, 1,365.00, 1,245.82, 903.75, 870.00, 860.00,.
Related Stocks
| Jakarta Int l Hotel & Dev. Tbk |
| Jaya Konstruksi Manggala Prata |
| Jakarta Kyoei Steel Works Tbk. |
| JAPFA Tbk |
| Jaya Pari Steel Tbk |