Stock Technical indicators to notice in CLARKSON (CKN.L)
1- Last bearish trend was from 1,367.00 $ (4/4/2012) to 1,295.00 $ (4/11/2012) a 72.00 $ move 2- The current bullish trend started from 1,295.00 $ at 4/11/2012 and is currently trading at 1,390.00 $.
4- CKN.L current resistance level is at 1,411.50 which is the 161.80 % fibonacci retracement of the last 72.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
CLARKSON (CKN.L) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1,295.000 and 1,285.000, and is currently supporting at 1,310.455.
CLARKSON (CKN.L) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1,080.000 and 1,035.000, and is currently supporting at 1,203.088.
CLARKSON (CKN.L) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 1,234.000 and 1,329.000 that was broken up at 1,117.000 transforming into a supporting line.
Stock Trading Conclusion:
CLARKSON (CKN.L) was trading in a strong bullish 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 : 1,411.50.
Stock Support levels : 1,386.58, 1,367.58, 1,367.00, 1,353.71, 1,342.50, 1,339.50, 1,331.29, 1,331.00, 1,322.50, 1,311.99, 1,310.45, 1,295.00, 1,203.09,.
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