Stock Technical indicators to notice in Willis Lease Finance Corporation (WLFC)
1- Last bearish trend was from 14.82 $ (2/28/2012) to 12.66 $ (4/9/2012) a 2.16 $ move 2- The current bullish trend started from 12.66 $ at 4/9/2012 and is currently trading at 12.75 $.
4- WLFC current resistance level is at 13.17 which is the 23.60 % fibonacci retracement of the last 2.16 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Willis Lease Finance Corporation (WLFC) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 12.660 and 10.920 that was broken down at 13.010 transforming into a resistance line.
Willis Lease Finance Corporation (WLFC) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 10.920 and 10.580, and is currently supporting at 11.801.
Willis Lease Finance Corporation (WLFC) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
Willis Lease Finance Corporation (WLFC) was trading in a strong 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 : 13.14, 13.17, 13.49, 13.74, 13.99, 14.82, 15.41, 16.15.
Stock Support levels : 12.73, 12.72, 12.70, 12.69, 12.66,.
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