Stock Technical indicators to notice in HARDIDE (HDD.L)
1- Last bullish trend was from 0.73 $ (4/2/2012) to 0.76 $ (4/10/2012) a 0.03 $ move 2- The current bearish trend started from 0.76 $ at 4/10/2012 and is currently trading at 0.61 $.
HARDIDE (HDD.L) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.760 and 0.860 that was broken up at 0.750 transforming into a supporting line.
HARDIDE (HDD.L) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.860 and 0.930, and is currently resisting at 0.745.
HARDIDE (HDD.L) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.950 and 0.570 that was broken down at 0.980 transforming into a resistance line.
Stock Trading Conclusion:
HARDIDE (HDD.L) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.645, 0.667, 0.685, 0.703, 0.745, 0.760, 2.223.
Stock Support levels : 0.580.