Stock Technical indicators to notice in REPLIGEN (RGN.MU)
1- Last bearish trend was from 5.47 $ (4/26/2012) to 3.30 $ (4/27/2012) a 2.17 $ move 2- The current bullish trend started from 3.30 $ at 4/27/2012 and is currently trading at 3.72 $.
4- RGN.MU current resistance level is at 3.81 which is the 23.60 % fibonacci retracement of the last 2.17 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
REPLIGEN (RGN.MU) Short term stock chart patterns for internet stock trading :
None.
REPLIGEN (RGN.MU) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 3.300 and 2.240, and is currently supporting at 3.338.
REPLIGEN (RGN.MU) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 3.300 and 2.240, and is currently supporting at 3.338.
Stock Trading Conclusion:
REPLIGEN (RGN.MU) was trading in a strong 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 : 3.81, 4.13, 4.38, 4.64, 5.47, 6.06, 6.81.
Stock Support levels : 3.62, 3.56, 3.51, 3.46, 3.34, 3.30,.
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