Stock Technical indicators to notice in Leyand International Tbk (LAPD.JK)
1- Last bullish trend was from 121.00 $ (5/2/2012) to 175.00 $ (5/3/2012) a 54.00 $ move 2- The current bearish trend started from 175.00 $ at 5/3/2012 and is currently trading at 124.00 $.
4- LAPD.JK current resistance level is at 141.63 which is the 61.80 % fibonacci retracement of the last 54.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Leyand International Tbk (LAPD.JK) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 121.000 .
7- The Stock formed a 74.000 $ height triangle.
Leyand International Tbk (LAPD.JK) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 121.000 .
9- The Stock formed a 74.000 $ height triangle.
Leyand International Tbk (LAPD.JK) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 121.000 .
11- The Stock formed a 74.000 $ height triangle.
Stock Trading Conclusion:
Leyand International Tbk (LAPD.JK) was trading in a strong bearish 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 : 136.04, 141.63, 143.48, 148.00, 149.50, 154.37, 155.52, 162.26, 175.00,.
Stock Support levels : 121.00, 106.31,.
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