Stock Technical indicators to notice in GUDANG GARAM (GGG.MU)
1- Last bearish trend was from 5.29 $ (1/2/2012) to 4.64 $ (1/30/2012) a 0.65 $ move 2- The current bullish trend started from 4.64 $ at 1/30/2012 and is currently trading at 4.94 $.
4- GGG.MU current resistance level is at 4.97 which is the 50.00 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GUDANG GARAM (GGG.MU) Short term stock chart patterns for internet stock trading :
None.
GUDANG GARAM (GGG.MU) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 4.640 and 4.500, and is currently supporting at 4.648.
GUDANG GARAM (GGG.MU) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
GUDANG GARAM (GGG.MU) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 4.97, 5.04, 5.05, 5.29, 5.47, 5.69.
Stock Support levels : 4.89, 4.87, 4.83, 4.79, 4.79, 4.75, 4.65, 4.64,.
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