Stock Technical indicators to notice in Lion Mesh P. Tbk (LMSH.JK)
1- Last bearish trend was from 6,100.00 $ (4/30/2012) to 5,100.00 $ (5/1/2012) a 1,000.00 $ move 2- The current bullish trend started from 5,100.00 $ at 5/1/2012 and is currently trading at 6,100.00 $.
4- LMSH.JK current resistance level is at 6,372.00 which is the 127.20 % fibonacci retracement of the last 1,000.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Lion Mesh P. Tbk (LMSH.JK) Short term stock chart patterns for internet stock trading :
None.
Lion Mesh P. Tbk (LMSH.JK) Mid term stock chart patterns for internet stock trading :
None.
Lion Mesh P. Tbk (LMSH.JK) Long term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 5,100.000 .
Stock Trading Conclusion:
Lion Mesh P. Tbk (LMSH.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 : 6,372.00, 6,718.00.
Stock Support levels : 5,864.00, 5,718.00, 5,600.00, 5,482.00, 5,336.00, 5,100.00,.
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