Stock Technical indicators to notice in GRUPO FINANC-O (GFINBURO.MX)
1- Last bullish trend was from 24.10 $ (12/19/2011) to 28.10 $ (1/27/2012) a 4.00 $ move 2- The current bearish trend started from 28.10 $ at 1/27/2012 and is currently trading at 26.55 $.
4- GFINBURO.MX current resistance level is at 26.57 which is the 38.20 % fibonacci retracement of the last 4.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GRUPO FINANC-O (GFINBURO.MX) Short term stock chart patterns for internet stock trading :
None.
GRUPO FINANC-O (GFINBURO.MX) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 27.000 and 27.900 that was broken up at 25.790 transforming into a supporting line.
GRUPO FINANC-O (GFINBURO.MX) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 27.000 and 28.990 that was broken up at 25.790 transforming into a supporting line.
Stock Trading Conclusion:
GRUPO FINANC-O (GFINBURO.MX) 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 : 26.57, 26.92, 27.14, 27.16, 27.33, 27.51, 28.10,.
Stock Support levels : 26.10, 25.63, 24.23, 24.10, 23.82, 23.01,.
Related Stocks
| GFINTER-O |
| GFMULTI-O |
| GRUPO FIN BANORTE-O |
| GERDAU SP.ADR PFD |
| GRUPO GIGANTE |