Stock Technical indicators to notice in STEREOTAXIS (RJR.MU)
1- Last bearish trend was from 0.67 $ (1/12/2012) to 0.52 $ (1/31/2012) a 0.15 $ move 2- The current bullish trend started from 0.52 $ at 1/31/2012 and is currently trading at 0.55 $.
4- RJR.MU current resistance level is at 0.56 which is the 23.60 % fibonacci retracement of the last 0.15 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
STEREOTAXIS (RJR.MU) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 0.520 and 0.590,resistance between 0.670 and 0.770, the stock channel is currently supported from below by 0.506 and resisted from above by 0.608.
STEREOTAXIS (RJR.MU) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 0.590 and 0.710,resistance between 0.670 and 0.800, the stock channel is currently supported from below by 0.520 and resisted from above by 0.603.
STEREOTAXIS (RJR.MU) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bearish stock channel identifed by support at 0.590 and 0.710,resistance between 0.670 and 0.800, the stock channel is currently supported from below by 0.520 and resisted from above by 0.603.
Stock Trading Conclusion:
STEREOTAXIS (RJR.MU) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.555, 0.577, 0.595, 0.613, 0.670, 0.711, 0.763.
Stock Support levels : 0.543, 0.539, 0.535, 0.531, 0.520,.
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