Stock Technical indicators to notice in TDS (TDS.MU)
1- Last bearish trend was from 4.26 $ (3/1/2010) to 3.81 $ (7/6/2010) a 0.45 $ move 2- The current bullish trend started from 3.81 $ at 7/6/2010 and is currently trading at 3.90 $.
4- TDS.MU current resistance level is at 3.92 which is the 23.60 % fibonacci retracement of the last 0.45 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
TDS (TDS.MU) Short term stock chart patterns for internet stock trading :
None.
TDS (TDS.MU) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 3.870 and 3.840 that was broken down at 3.900 transforming into a resistance line.
TDS (TDS.MU) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
TDS (TDS.MU) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 3.92, 3.93, 3.98, 4.03, 4.09, 4.26, 4.38, 4.54.
Stock Support levels : 3.88, 3.87, 3.86, 3.84, 3.81,.