Stock Technical indicators to notice in TEAMSTAFF INC (TSTFD)
1- Last bullish trend was from 2.08 $ (5/12/2008) to 2.67 $ (5/15/2008) a 0.59 $ move 2- The current bearish trend started from 2.67 $ at 5/15/2008 and is currently trading at 2.50 $.
4- TSTFD current resistance level is at 2.53 which is the 23.60 % fibonacci retracement of the last 0.59 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TEAMSTAFF INC (TSTFD) Short term stock chart patterns for internet stock trading :
None.
TEAMSTAFF INC (TSTFD) Mid term stock chart patterns for internet stock trading :
None.
TEAMSTAFF INC (TSTFD) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 2.590 and 2.790 that was broken up at 2.410 transforming into a supporting line.
Stock Trading Conclusion:
TEAMSTAFF INC (TSTFD) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 2.53, 2.54, 2.56, 2.59, 2.61, 2.67,.
Stock Support levels : 2.44, 2.38, 2.31, 2.08, 1.92, 1.72,.
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