Stock Technical indicators to notice in Livestock Improvement Corporati (LIC.NZ)
1- Last bearish trend was from 3.85 $ (8/19/2011) to 3.40 $ (8/24/2011) a 0.45 $ move 2- The current bullish trend started from 3.40 $ at 8/24/2011 and is currently trading at 5.05 $.
Livestock Improvement Corporati (LIC.NZ) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 3.400 .
5- The Stock formed Double Top Pattern at 3.850 that failed, and formed a support .
Livestock Improvement Corporati (LIC.NZ) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 3.400 .
7- The Stock formed Double Top Pattern at 3.850 that failed, and formed a support .
Livestock Improvement Corporati (LIC.NZ) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 3.400 .
9- The Stock formed Double Top Pattern at 3.850 that failed, and formed a support .
Stock Trading Conclusion:
Livestock Improvement Corporati (LIC.NZ) 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 : .
Stock Support levels : 4.66, 4.42, 4.23, 4.03, 3.85, 3.40,.
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