Stock Technical indicators to notice in ABN AMRO HOLDING (AABA.MI)
1- Last bullish trend was from 35.81 $ (1/22/2008) to 38.95 $ (3/25/2008) a 3.14 $ move 2- The current bearish trend started from 38.95 $ at 3/25/2008 and is currently trading at 37.25 $.
4- AABA.MI current resistance level is at 37.38 which is the 50.00 % fibonacci retracement of the last 3.14 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ABN AMRO HOLDING (AABA.MI) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 35.810 and 35.600, and is currently supporting at 36.127.
ABN AMRO HOLDING (AABA.MI) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 35.600 and 32.190 that was broken down at 36.110 transforming into a resistance line.
ABN AMRO HOLDING (AABA.MI) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
ABN AMRO HOLDING (AABA.MI) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 37.38, 37.65, 37.75, 37.90, 38.10, 38.21, 38.30, 38.95, 42.71.
Stock Support levels : 37.01, 36.13, 35.81, 34.96,.
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