Stock Technical indicators to notice in Ing Group (INZ)
1- Last bearish trend was from 18.29 $ (6/2/2010) to 17.47 $ (6/8/2010) a 0.82 $ move 2- The current bullish trend started from 17.47 $ at 6/8/2010 and is currently trading at 22.67 $.
Ing Group (INZ) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 1.740 $ height triangle which was broken up at 18.050 in higher than usual volume, target of the pattern is 19.790.
Ing Group (INZ) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 5.090 $ height triangle which was broken up at 17.760 in higher than usual volume, target of the pattern is 22.850.
Ing Group (INZ) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 5.090 $ height triangle which was broken up at 17.760 in higher than usual volume, target of the pattern is 22.850.
Stock Trading Conclusion:
Ing Group (INZ) was trading in a strong 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 : 22.85,.
Stock Support levels : 21.44, 20.68, 20.07, 19.46, 17.47, 14.69, 8.04,.