Stock Technical indicators to notice in Cell Genesys (CEGE)
1- Last bearish trend was from 0.33 $ (10/12/2009) to 0.32 $ (10/13/2009) a 0.01 $ move 2- The current bullish trend started from 0.32 $ at 10/13/2009 and is currently trading at 0.33 $.
4- CEGE current resistance level is at 0.33 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Cell Genesys (CEGE) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.040 $ height triangle which was broken up at 0.330 in higher than usual volume, target of the pattern is 0.370 which was broken down at 0.330, target of the pattern is 0.290.
Cell Genesys (CEGE) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 0.310 and 0.330,resistance between 0.350 and 0.360 which was broken up at 0.330.
Cell Genesys (CEGE) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 0.300 and 0.290 that was broken down at 0.330 transforming into a resistance line.
Stock Trading Conclusion:
Cell Genesys (CEGE) was trading in a strong 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 : 0.333, 0.336, 0.360, 0.360, 0.370.
Stock Support levels : 0.328, 0.326, 0.325, 0.324, 0.322, 0.322, 0.320, 0.308,.
