Stock Technical indicators to notice in FIELDBURY (FIE.L)
1- Last bullish trend was from 1.50 $ (6/17/2010) to 2.15 $ (7/27/2010) a 0.65 $ move 2- The current bearish trend started from 2.15 $ at 7/27/2010 and is currently trading at 1.88 $.
4- FIE.L current resistance level is at 1.90 which is the 38.20 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
FIELDBURY (FIE.L) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.500 and 1.120 that was broken down at 1.800 transforming into a resistance line.
FIELDBURY (FIE.L) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1.500 and 1.120 that was broken down at 1.800 transforming into a resistance line.
FIELDBURY (FIE.L) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 1.500 and 1.120 that was broken down at 1.800 transforming into a resistance line.
Stock Trading Conclusion:
FIELDBURY (FIE.L) was trading in a bearish 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 : 1.90, 1.94, 1.98, 2.00, 2.02, 2.05, 2.15, 3.31,.
Stock Support levels : 1.83, 1.75, 1.50, 1.32,.
