Stock Technical indicators to notice in BOERO BARTOLOMEO (BOE.MI)
1- Last bullish trend was from 21.00 $ (4/27/2012) to 22.00 $ (5/2/2012) a 1.00 $ move 2- The current bearish trend started from 22.00 $ at 5/2/2012 and is currently trading at 14.00 $.
BOERO BARTOLOMEO (BOE.MI) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 21.000 and 15.000 that was broken down at 21.800 transforming into a resistance line.
BOERO BARTOLOMEO (BOE.MI) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 22.000 and 22.300, and is currently resisting at 21.971.
BOERO BARTOLOMEO (BOE.MI) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 22.000 and 22.300, and is currently resisting at 21.971.
Stock Trading Conclusion:
BOERO BARTOLOMEO (BOE.MI) was trading in a strong bearish wave, which is becoming stronger .
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 : 15.89, 17.06, 18.00, 18.94, 21.97, 22.00, 27.00.
Stock Support levels :.
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