Stock Technical indicators to notice in Tambang Batubara Bukit AsamTbk (PTBA.JK)
1- Last bearish trend was from 17,600.00 $ (12/2/2011) to 16,500.00 $ (12/21/2011) a 1,100.00 $ move 2- The current bullish trend started from 16,500.00 $ at 12/21/2011 and is currently trading at 20,250.00 $.
4- Bearish Divergance in MACD Indicator .
Tambang Batubara Bukit AsamTbk (PTBA.JK) Short term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 17,600.000 and 18,400.000 that was broken up at 17,000.000 transforming into a supporting line.
Tambang Batubara Bukit AsamTbk (PTBA.JK) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 16,500.000 and 13,850.000, and is currently supporting at 17,977.885.
Tambang Batubara Bukit AsamTbk (PTBA.JK) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 16,500.000 and 13,850.000, and is currently supporting at 17,977.885.
Stock Trading Conclusion:
Tambang Batubara Bukit AsamTbk (PTBA.JK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : .
Stock Support levels : 19,365.00, 18,817.50, 18,375.00, 17,977.88, 17,932.50, 16,500.00,.
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