Stock Technical indicators to notice in Toko Gunung Agung Tbk (TKGA.JK)
1- Last bullish trend was from 189.00 $ (5/1/2012) to 200.00 $ (5/2/2012) a 11.00 $ move 2- The current bearish trend started from 200.00 $ at 5/2/2012 and is currently trading at 188.00 $.
4- TKGA.JK current resistance level is at 189.00 which is the 100.00 % fibonacci retracement of the last 11.00 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Toko Gunung Agung Tbk (TKGA.JK) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 200.000 and 230.000 that was broken up at 188.000 transforming into a supporting line.
Toko Gunung Agung Tbk (TKGA.JK) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 230.000 and 260.000, and is currently resisting at 200.000.
Toko Gunung Agung Tbk (TKGA.JK) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 230.000 and 260.000, and is currently resisting at 200.000.
Stock Trading Conclusion:
Toko Gunung Agung Tbk (TKGA.JK) was trading in a 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 : 189.00, 190.83, 192.58, 193.20, 194.00, 194.50, 195.42, 195.80, 197.40, 200.00, 250.00, 260.00.
Stock Support levels : 186.01, 185.00,.
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