Stock Technical indicators to notice in American DG Energy (ADGE.OB)
1- Last bearish trend was from 2.40 $ (4/27/2012) to 2.28 $ (5/3/2012) a 0.12 $ move 2- The current bullish trend started from 2.28 $ at 5/3/2012 and is currently trading at 2.84 $.
American DG Energy (ADGE.OB) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 2.400 and 2.440 that was broken up at 2.340 transforming into a supporting line.
American DG Energy (ADGE.OB) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bullish stock channel identifed by support at 2.280 and 2.090,resistance between 2.440 and 2.300 which was broken up at 2.820 in higher than usual volume.
American DG Energy (ADGE.OB) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 2.090 and 1.520,resistance between 2.300 and 1.720, the stock channel is currently supported from below by 2.745 and resisted from above by 3.255.
Stock Trading Conclusion:
American DG Energy (ADGE.OB) was trading in a strong bullish 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 : .
Stock Support levels : 2.71, 2.63, 2.56, 2.53, 2.49, 2.29,.
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