Stock Technical indicators to notice in NUMIS CORPORATION (NUM.L)
1- Last bearish trend was from 93.50 $ (4/3/2012) to 76.00 $ (4/30/2012) a 17.50 $ move 2- The current bullish trend started from 76.00 $ at 4/30/2012 and is currently trading at 91.00 $.
4- NUM.L current resistance level is at 93.50 which is the 100.00 % fibonacci retracement of the last 17.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
NUMIS CORPORATION (NUM.L) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 93.500 and 97.860 that was broken up at 88.500 transforming into a supporting line.
NUMIS CORPORATION (NUM.L) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 97.860 and 100.000, and is currently resisting at 91.769.
NUMIS CORPORATION (NUM.L) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 100.000 .
Stock Trading Conclusion:
NUMIS CORPORATION (NUM.L) was trading in a strong 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 : 91.77, 93.50, 98.26, 99.58, 104.32.
Stock Support levels : 87.78, 87.46, 86.82, 85.27, 84.75, 83.50, 82.68, 81.73, 80.13, 76.00,.
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