Stock Technical indicators to notice in TP70 2008 (II) VCT (TPV2.L)
1- Last bearish trend was from 52.50 $ (9/27/2011) to 45.00 $ (9/28/2011) a 7.50 $ move 2- The current bullish trend started from 45.00 $ at 9/28/2011 and is currently trading at 54.50 $.
4- TPV2.L current resistance level is at 54.54 which is the 127.20 % fibonacci retracement of the last 7.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
TP70 2008 (II) VCT (TPV2.L) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 38.000 $ height triangle which was broken up at 52.500, target of the pattern is 90.500 which was broken down at 54.500, target of the pattern is 16.500.
TP70 2008 (II) VCT (TPV2.L) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 38.000 $ height triangle which was broken up at 52.500, target of the pattern is 90.500 which was broken down at 54.500, target of the pattern is 16.500.
TP70 2008 (II) VCT (TPV2.L) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 38.000 $ height triangle which was broken up at 52.500, target of the pattern is 90.500 which was broken down at 54.500, target of the pattern is 16.500.
Stock Trading Conclusion:
TP70 2008 (II) VCT (TPV2.L) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 54.54, 57.14, 75.40, 90.50,.
Stock Support levels : 52.50, 52.26, 50.87, 49.75, 49.63, 48.75, 48.63, 47.87, 46.77, 45.00, 40.75, 16.50,.
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