Stock Technical indicators to notice in ASTEK GROUP (AKG.L)
1- Last bearish trend was from 0.55 $ (4/14/2010) to 0.53 $ (4/15/2010) a 0.02 $ move 2- The current bullish trend started from 0.53 $ at 4/15/2010 and is currently trading at 0.65 $.
ASTEK GROUP (AKG.L) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.200 $ height triangle which was broken up at 0.650, target of the pattern is 0.850 which was broken down at 0.650, target of the pattern is 0.450.
ASTEK GROUP (AKG.L) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.650 that was broken up at 0.650 transforming into a supporting line.
ASTEK GROUP (AKG.L) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.700 that was broken up at 0.650 transforming into a supporting line.
Stock Trading Conclusion:
ASTEK GROUP (AKG.L) was trading in a bearish 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 : 0.850, 1.288.
Stock Support levels : 0.622, 0.604, 0.590, 0.576, 0.530, 0.483, 0.467, 0.450,.