Stock Technical indicators to notice in Wacoal Holdings Corporation (WACLY)
1- Last bullish trend was from 54.93 $ (4/19/2012) to 57.78 $ (4/26/2012) a 2.85 $ move 2- The current bearish trend started from 57.78 $ at 4/26/2012 and is currently trading at 56.16 $.
4- WACLY current resistance level is at 56.35 which is the 50.00 % fibonacci retracement of the last 2.85 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
Wacoal Holdings Corporation (WACLY) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 57.780 and 64.610, and is currently resisting at 56.526.
Wacoal Holdings Corporation (WACLY) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 58.570 that failed and formed a resistance.
Wacoal Holdings Corporation (WACLY) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 58.570 and 57.930 that was broken down at 59.480 transforming into a resistance line.
Stock Trading Conclusion:
Wacoal Holdings Corporation (WACLY) was trading in a bearish 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 : 56.35, 56.53, 56.54, 56.69, 56.78, 56.97, 57.11, 57.16, 57.78, 60.41.
Stock Support levels : 56.02, 54.93, 54.15,.
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