Stock Technical indicators to notice in Mayora Indah Tbk (MYOR.JK)
1- Last bearish trend was from 20,100.00 $ (4/18/2012) to 19,300.00 $ (4/27/2012) a 800.00 $ move 2- The current bullish trend started from 19,300.00 $ at 4/27/2012 and is currently trading at 21,000.00 $.
Mayora Indah Tbk (MYOR.JK) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 19,300.000 and 17,800.000, and is currently supporting at 19,835.715.
Mayora Indah Tbk (MYOR.JK) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bullish stock channel identifed by support at 17,800.000 and 14,600.000,resistance between 19,200.000 and 15,550.000, the stock channel is currently supported from below by 19,896.551 and resisted from above by 21,531.945.
Mayora Indah Tbk (MYOR.JK) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 5,300.000 $ height triangle which was broken up at 13,600.000, target of the pattern is 18,900.000.
Stock Trading Conclusion:
Mayora Indah Tbk (MYOR.JK) was trading in a bullish wave, which is becoming weaker .
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 : .
Stock Support levels : 20,598.80, 20,350.60, 20,150.00, 19,949.40, 19,835.71, 19,300.00,.
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