Stock Technical indicators to notice in KEYDATA AIM VCT (KEY.L)
1- Last bearish trend was from 49.50 $ (9/9/2009) to 40.00 $ (9/10/2009) a 9.50 $ move 2- The current bullish trend started from 40.00 $ at 9/10/2009 and is currently trading at 49.50 $.
4- KEY.L current resistance level is at 52.08 which is the 127.20 % fibonacci retracement of the last 9.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
KEYDATA AIM VCT (KEY.L) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 49.500 and 50.500 that was broken up at 49.500 transforming into a supporting line.
KEYDATA AIM VCT (KEY.L) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 50.500 and 55.500 that was broken up at 48.000 transforming into a supporting line.
KEYDATA AIM VCT (KEY.L) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 50.500 and 55.500 that was broken up at 48.000 transforming into a supporting line.
Stock Trading Conclusion:
KEYDATA AIM VCT (KEY.L) was trading in a strong bearish wave, which is becoming stronger .
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 : 52.08, 55.37.
Stock Support levels : 49.24, 47.26, 45.87, 44.75, 43.63, 42.24, 40.50, 40.00,.
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