Stock Technical indicators to notice in SWISSCOM N (SWJ.MU)
1- Last bearish trend was from 305.70 $ (4/3/2012) to 279.88 $ (4/19/2012) a 25.82 $ move 2- The current bullish trend started from 279.88 $ at 4/19/2012 and is currently trading at 293.71 $.
4- SWJ.MU current resistance level is at 295.84 which is the 61.80 % fibonacci retracement of the last 25.82 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SWISSCOM N (SWJ.MU) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 305.700 and 310.370, and is currently resisting at 303.185.
SWISSCOM N (SWJ.MU) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 51.560 $ height triangle.
SWISSCOM N (SWJ.MU) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 110.990 $ height triangle.
Stock Trading Conclusion:
SWISSCOM N (SWJ.MU) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 295.84, 303.19, 305.70, 312.72, 321.66.
Stock Support levels : 292.79, 290.45, 289.74, 288.43, 286.79, 285.97, 285.16, 279.88,.
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