Stock Technical indicators to notice in THESTREET.COM (THS.MU)
1- Last bullish trend was from 1.52 $ (4/13/2012) to 1.57 $ (4/16/2012) a 0.05 $ move 2- The current bearish trend started from 1.57 $ at 4/16/2012 and is currently trading at 1.38 $.
THESTREET.COM (THS.MU) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 1.520 that failed and formed a resistance.
5- The Stock was resisted by a resistance line, identified by two points: 1.570 and 1.590, and is currently resisting at 1.477.
THESTREET.COM (THS.MU) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.290 and 1.270, and is currently supporting at 1.313.
THESTREET.COM (THS.MU) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1.290 and 1.200, and is currently supporting at 1.356.
Stock Trading Conclusion:
THESTREET.COM (THS.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 : 1.42, 1.45, 1.48, 1.48, 1.50, 1.52, 1.57.
Stock Support levels : 1.36,.