Stock Technical indicators to notice in EXIDE TECHNOLOGIES (TUD.MC)
1- Last bearish trend was from 6.99 $ (3/5/2010) to 4.71 $ (3/9/2010) a 2.28 $ move 2- The current bullish trend started from 4.71 $ at 3/9/2010 and is currently trading at 9.70 $.
EXIDE TECHNOLOGIES (TUD.MC) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 4.710 .
EXIDE TECHNOLOGIES (TUD.MC) Mid term stock chart patterns for internet stock trading :
5- The Stock formed Double Bottom Pattern at 4.710 .
EXIDE TECHNOLOGIES (TUD.MC) Long term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 4.710 .
7- The Stock formed a 2.320 $ height triangle which was broken up at 9.530 in higher than usual volume, target of the pattern is 11.850.
Stock Trading Conclusion:
EXIDE TECHNOLOGIES (TUD.MC) was trading in a bearish 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 : 11.85.
Stock Support levels : 8.52, 7.79, 7.20, 6.62, 6.60, 4.71,.
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