Stock Technical indicators to notice in TINCI HOLDINGS (TNCI.L)
1- Last bullish trend was from 4.50 $ (4/24/2012) to 5.50 $ (4/26/2012) a 1.00 $ move 2- The current bearish trend started from 5.50 $ at 4/26/2012 and is currently trading at 5.25 $.
4- TNCI.L current resistance level is at 5.26 which is the 23.60 % fibonacci retracement of the last 1.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TINCI HOLDINGS (TNCI.L) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 4.500 .
TINCI HOLDINGS (TNCI.L) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 4.500 $ and 5.250 $.
TINCI HOLDINGS (TNCI.L) Long term stock chart patterns for internet stock trading :
8- The Stock is trading in a stock channel between 4.500 $ and 5.250 $.
Stock Trading Conclusion:
TINCI HOLDINGS (TNCI.L) was trading in a bullish wave, which is becoming weaker .
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 : 5.26, 5.31, 5.35, 5.38, 5.40, 5.50, 5.75.
Stock Support levels : 5.12, 5.00, 4.88, 4.50, 4.23,.
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