Stock Technical indicators to notice in Hauppauge Digital (HAUP)
1- Last bullish trend was from 1.15 $ (4/23/2012) to 1.48 $ (5/1/2012) a 0.33 $ move 2- The current bearish trend started from 1.48 $ at 5/1/2012 and is currently trading at 1.32 $.
4- HAUP current resistance level is at 1.35 which is the 38.20 % fibonacci retracement of the last 0.33 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Hauppauge Digital (HAUP) Short term stock chart patterns for internet stock trading :
None.
Hauppauge Digital (HAUP) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.150 and 0.990 that was broken down at 1.310 transforming into a resistance line.
Hauppauge Digital (HAUP) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1.150 and 0.990 that was broken down at 1.310 transforming into a resistance line.
Stock Trading Conclusion:
Hauppauge Digital (HAUP) was trading in a strong bullish wave, which is becoming weaker .
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 : 1.35, 1.36, 1.38, 1.40, 1.40, 1.42, 1.47, 1.48,.
Stock Support levels : 1.32, 1.28, 1.15, 1.06,.
Related Stocks
| New York Community Bancorp |
| Healthaxis Inc. |
| HAYNES INTL INC |
| Hayes Lemmerz International |
| Huntington Bancshares Incorporated |