Stock Technical indicators to notice in Tempo Inti Media Tbk (TMPO.JK)
1- Last bullish trend was from 164.00 $ (4/13/2012) to 185.00 $ (4/25/2012) a 21.00 $ move 2- The current bearish trend started from 185.00 $ at 4/25/2012 and is currently trading at 169.00 $.
4- TMPO.JK current resistance level is at 172.02 which is the 61.80 % fibonacci retracement of the last 21.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Tempo Inti Media Tbk (TMPO.JK) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 164.000 and 144.000 that was broken down at 167.000 transforming into a resistance line.
Tempo Inti Media Tbk (TMPO.JK) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 164.000 and 144.000 that was broken down at 167.000 transforming into a resistance line.
Tempo Inti Media Tbk (TMPO.JK) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 164.000 and 144.000 that was broken down at 167.000 transforming into a resistance line.
Stock Trading Conclusion:
Tempo Inti Media Tbk (TMPO.JK) was trading in a strong bullish wave, which is becoming weaker .
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 : 172.02, 172.78, 174.50, 175.11, 176.98, 177.00, 178.89, 180.04, 185.00, 206.86,.
Stock Support levels : 164.00, 158.29,.
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