Stock Technical indicators to notice in GLOBAL OCEANIC CARR (GOC.L)
1- Last bearish trend was from 135.00 $ (6/19/2008) to 127.25 $ (6/24/2008) a 7.75 $ move 2- The current bullish trend started from 127.25 $ at 6/24/2008 and is currently trading at 168.00 $.
GLOBAL OCEANIC CARR (GOC.L) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 135.000 and 140.500 that was broken up at 133.490 transforming into a supporting line.
GLOBAL OCEANIC CARR (GOC.L) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 127.250 and 122.000, and is currently supporting at 129.445.
GLOBAL OCEANIC CARR (GOC.L) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 127.250 and 119.260, and is currently supporting at 130.077.
Stock Trading Conclusion:
GLOBAL OCEANIC CARR (GOC.L) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 158.38, 152.43, 147.63, 142.82, 130.08, 129.45, 127.25,.