Stock Technical indicators to notice in H.T.I. (HSN.L)
1- Last bullish trend was from 65.75 $ (10/18/2011) to 69.00 $ (10/26/2011) a 3.25 $ move 2- The current bearish trend started from 69.00 $ at 10/26/2011 and is currently trading at 65.50 $.
4- HSN.L current resistance level is at 65.75 which is the 100.00 % fibonacci retracement of the last 3.25 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
H.T.I. (HSN.L) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 65.750 and 62.000 that was broken down at 67.000 transforming into a resistance line.
H.T.I. (HSN.L) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 61.000 and 32.500 that was broken down at 61.500 transforming into a resistance line.
H.T.I. (HSN.L) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 49.750 and 51.000 that was broken up at 65.000 transforming into a supporting line.
Stock Trading Conclusion:
H.T.I. (HSN.L) was trading in a strong bullish wave, which is becoming stronger .
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 : 65.75, 66.33, 66.84, 66.99, 67.25, 67.38, 67.66, 67.76, 68.23, 69.00, 76.11, 218.50.
Stock Support levels : 64.87, 63.74,.