Stock Technical indicators to notice in Qad Inc. (QADI)
1- Last bearish trend was from 4.91 $ (11/29/2010) to 4.71 $ (11/30/2010) a 0.20 $ move 2- The current bullish trend started from 4.71 $ at 11/30/2010 and is currently trading at 5.23 $.
Qad Inc. (QADI) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 4.710 and 4.260 that was broken down at 4.720 transforming into a resistance line.
Qad Inc. (QADI) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 4.260 and 3.990, and is currently supporting at 4.354.
Qad Inc. (QADI) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 4.260 and 3.990, and is currently supporting at 4.354.
Stock Trading Conclusion:
Qad Inc. (QADI) was trading in a strong bullish wave, which is becoming stronger .
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 : 5.95.
Stock Support levels : 5.11, 5.03, 4.97, 4.91, 4.71, 4.35,.
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