Stock Technical indicators to notice in HARMONY GOLD SP.ADR (HAM.MU)
1- Last bearish trend was from 7.51 $ (4/27/2012) to 7.00 $ (5/4/2012) a 0.51 $ move 2- The current bullish trend started from 7.00 $ at 5/4/2012 and is currently trading at 7.30 $.
4- HAM.MU current resistance level is at 7.32 which is the 61.80 % fibonacci retracement of the last 0.51 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
HARMONY GOLD SP.ADR (HAM.MU) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 7.510 and 8.440 that was broken up at 7.300 transforming into a supporting line.
HARMONY GOLD SP.ADR (HAM.MU) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 7.510 and 9.920 that was broken up at 7.300 transforming into a supporting line.
HARMONY GOLD SP.ADR (HAM.MU) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 9.920 and 10.570, and is currently resisting at 9.411.
Stock Trading Conclusion:
HARMONY GOLD SP.ADR (HAM.MU) was trading in a bullish 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 : 7.32, 7.51, 7.65, 7.83, 9.41.
Stock Support levels : 7.28, 7.26, 7.23, 7.22, 7.19, 7.19, 7.15, 7.12, 7.11, 7.00,.
Related Stocks
| HARMONY GOLD MINING |
| HARLEY-DAVIDSON |
| HASBRO INC |
| HAVAS |
| HAWESKO HOLDING |