Stock Technical indicators to notice in PICC PROPERTY -H- (PJC.MU)
1- Last bearish trend was from 0.94 $ (4/5/2012) to 0.88 $ (4/12/2012) a 0.06 $ move 2- The current bullish trend started from 0.88 $ at 4/12/2012 and is currently trading at 0.97 $.
4- PJC.MU current resistance level is at 0.98 which is the 161.80 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PICC PROPERTY -H- (PJC.MU) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.940 and 1.090 that was broken up at 0.910 transforming into a supporting line.
PICC PROPERTY -H- (PJC.MU) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 1.090 and 1.100, and is currently resisting at 1.057.
PICC PROPERTY -H- (PJC.MU) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
PICC PROPERTY -H- (PJC.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 : 0.977, 1.057.
Stock Support levels : 0.956, 0.949, 0.940, 0.936, 0.925, 0.917, 0.914, 0.910, 0.903, 0.894, 0.880,.