Stock Technical indicators to notice in Aduddell Industries (ADDL.OB)
1- Last bullish trend was from 0.03 $ (12/5/2008) to 0.04 $ (12/8/2008) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 12/8/2008 and is currently trading at 0.01 $.
Aduddell Industries (ADDL.OB) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 0.040 .
Aduddell Industries (ADDL.OB) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
7- The Stock formed Double Top Pattern at 0.040 .
Aduddell Industries (ADDL.OB) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
9- The Stock formed Double Top Pattern at 0.040 .
Stock Trading Conclusion:
Aduddell Industries (ADDL.OB) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.017, 0.021, 0.025, 0.029, 0.030, 0.040,.
Stock Support levels :.
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