Stock Technical indicators to notice in Grupo Televisa S.a. (TV)
1- Last bullish trend was from 20.08 $ (4/13/2012) to 22.28 $ (5/1/2012) a 2.20 $ move 2- The current bearish trend started from 22.28 $ at 5/1/2012 and is currently trading at 21.32 $.
4- TV current resistance level is at 21.44 which is the 38.20 % fibonacci retracement of the last 2.20 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Grupo Televisa S.a. (TV) Short term stock chart patterns for internet stock trading :
None.
Grupo Televisa S.a. (TV) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 20.080 and 19.720, and is currently supporting at 20.207.
Grupo Televisa S.a. (TV) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 18.700 and 17.700, and is currently supporting at 21.211.
Stock Trading Conclusion:
Grupo Televisa S.a. (TV) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 21.44, 21.55, 21.69, 21.76, 21.80, 21.91, 22.28,.
Stock Support levels : 21.21, 21.18, 20.92, 20.21, 20.08, 19.48,.
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