Stock Technical indicators to notice in NYSE US (NUS)
1- Last bullish trend was from 6,989.92 $ (12/17/2007) to 7,205.82 $ (12/26/2007) a 215.90 $ move 2- The current bearish trend started from 7,205.82 $ at 12/26/2007 and is currently trading at 5,825.67 $.
NYSE US (NUS) Short term stock chart patterns for internet stock trading :
4- The Index formed a 523.780 $ height triangle which was broken up at 5,825.670, target of the pattern is 6,349.450 which was broken down at 7,069.170, target of the pattern is 6,545.390.
NYSE US (NUS) Mid term stock chart patterns for internet stock trading :
5- The Index was resisted by a resistance line, identified by two points: 7,299.130 and 7,619.640 that was broken up at 5,825.670 transforming into a supporting line.
NYSE US (NUS) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
NYSE US (NUS) was trading in a strong bearish wave, which is becoming stronger .
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 : 6,151.39, 6,349.45, 6,352.89, 6,515.75, 6,678.60, 7,205.82, 9,765.02.
Stock Support levels : 5,780.52,.
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