Stock Technical indicators to notice in FLUIDRA (FDR.MC)
1- Last bullish trend was from 2.10 $ (3/1/2012) to 2.63 $ (3/19/2012) a 0.53 $ move 2- The current bearish trend started from 2.63 $ at 3/19/2012 and is currently trading at 2.45 $.
4- FDR.MC current resistance level is at 2.50 which is the 23.60 % fibonacci retracement of the last 0.53 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
FLUIDRA (FDR.MC) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 2.100 and 2.010, and is currently supporting at 2.212.
FLUIDRA (FDR.MC) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 2.100 and 1.870, and is currently supporting at 2.233.
FLUIDRA (FDR.MC) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.620 $ height triangle which was broken up at 2.520 in higher than usual volume, target of the pattern is 3.140.
Stock Trading Conclusion:
FLUIDRA (FDR.MC) was trading in a strong 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 : 2.49, 2.50, 2.52, 2.54, 2.56, 2.63, 3.14.
Stock Support levels : 2.43, 2.37, 2.30, 2.27, 2.23, 2.21, 2.10, 1.96,.
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