Stock Technical indicators to notice in Wahana Phonix Mandiri Tbk (WAPO.JK)
1- Last bullish trend was from 91.00 $ (7/26/2010) to 100.00 $ (7/27/2010) a 9.00 $ move 2- The current bearish trend started from 100.00 $ at 7/27/2010 and is currently trading at 93.00 $.
4- WAPO.JK current resistance level is at 94.44 which is the 61.80 % fibonacci retracement of the last 9.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Wahana Phonix Mandiri Tbk (WAPO.JK) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 91.000 .
7- The Stock formed a 10.000 $ height triangle.
Wahana Phonix Mandiri Tbk (WAPO.JK) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 91.000 .
9- The Stock formed a 10.000 $ height triangle.
Wahana Phonix Mandiri Tbk (WAPO.JK) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 91.000 .
11- The Stock formed a 11.000 $ height triangle.
Stock Trading Conclusion:
Wahana Phonix Mandiri Tbk (WAPO.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 : 94.44, 94.65, 95.50, 95.67, 96.50, 96.56, 97.33, 97.88, 100.00, 102.00.
Stock Support levels : 91.00, 88.55, 85.44,.
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