Stock Technical indicators to notice in Eagle Bancorp (EGBN)
1- Last bearish trend was from 15.00 $ (12/5/2011) to 14.05 $ (12/21/2011) a 0.95 $ move 2- The current bullish trend started from 14.05 $ at 12/21/2011 and is currently trading at 17.07 $.
Eagle Bancorp (EGBN) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 14.050 and 13.450, and is currently supporting at 15.017.
Eagle Bancorp (EGBN) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 14.050 and 13.450, and is currently supporting at 15.017.
Eagle Bancorp (EGBN) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 13.040 and 11.380,resistance between 14.500 and 12.830, the stock channel is currently supported from below by 16.606 and resisted from above by 18.358.
Stock Trading Conclusion:
Eagle Bancorp (EGBN) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : .
Stock Support levels : 16.36, 15.92, 15.56, 15.20, 15.02,.
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