Stock Technical indicators to notice in Dean Foods Company (DF)
1- Last bearish trend was from 12.01 $ (4/20/2012) to 11.53 $ (4/24/2012) a 0.48 $ move 2- The current bullish trend started from 11.53 $ at 4/24/2012 and is currently trading at 14.15 $.
Dean Foods Company (DF) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.900 $ height triangle which was broken up at 12.160, target of the pattern is 13.060.
Dean Foods Company (DF) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bullish stock channel identifed by support at 11.470 and 9.240,resistance between 12.400 and 10.480 which was broken up at 14.150 in higher than usual volume.
Dean Foods Company (DF) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 9.240 and 8.300, and is currently supporting at 12.136.
Stock Trading Conclusion:
Dean Foods Company (DF) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 13.56, 13.53, 13.15, 12.84, 12.53, 12.14, 11.75,.
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