Stock Technical indicators to notice in New York Community Bancorp (HAVNP)
1- Last bearish trend was from 11.25 $ (3/29/2012) to 10.60 $ (4/20/2012) a 0.65 $ move 2- The current bullish trend started from 10.60 $ at 4/20/2012 and is currently trading at 10.75 $.
4- HAVNP current resistance level is at 10.75 which is the 23.60 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
New York Community Bancorp (HAVNP) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 11.250 and 11.330, and is currently resisting at 11.126.
New York Community Bancorp (HAVNP) Mid term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 10.500 and 10.270 that was broken down at 11.230 transforming into a resistance line.
New York Community Bancorp (HAVNP) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 11.680 and 11.980 that was broken up at 10.840 transforming into a supporting line.
Stock Trading Conclusion:
New York Community Bancorp (HAVNP) was trading in a bearish 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 : 10.75, 10.85, 10.93, 11.00, 11.13, 11.25, 11.43, 11.65, 11.68.
Stock Support levels : 10.71, 10.69, 10.68, 10.66, 10.60,.
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