Stock Technical indicators to notice in EUROPEAN CAPITAL LD (ECAS.L)
1- Last bearish trend was from 22.00 $ (3/18/2009) to 12.75 $ (3/23/2009) a 9.25 $ move 2- The current bullish trend started from 12.75 $ at 3/23/2009 and is currently trading at 45.00 $.
EUROPEAN CAPITAL LD (ECAS.L) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 24.900 $ height triangle which was broken up at 33.000, target of the pattern is 57.900.
EUROPEAN CAPITAL LD (ECAS.L) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 24.900 $ height triangle which was broken up at 33.000, target of the pattern is 57.900.
EUROPEAN CAPITAL LD (ECAS.L) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 24.900 $ height triangle which was broken up at 33.000, target of the pattern is 57.900.
Stock Trading Conclusion:
EUROPEAN CAPITAL LD (ECAS.L) was trading in a strong 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 : 57.90, 82.50.
Stock Support levels : 37.39, 32.68, 28.88, 25.07, 14.83,.