Stock Technical indicators to notice in ASI Technology Corp. (ASIT.OB)
1- Last bullish trend was from 4.98 $ (5/9/2011) to 6.00 $ (5/11/2011) a 1.02 $ move 2- The current bearish trend started from 6.00 $ at 5/11/2011 and is currently trading at 3.50 $.
ASI Technology Corp. (ASIT.OB) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 4.980 that failed and formed a resistance.
5- The Stock was resisted by a resistance line, identified by two points: 6.000 and 7.000, and is currently resisting at 3.538.
ASI Technology Corp. (ASIT.OB) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 4.980 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 6.000 and 7.000, and is currently resisting at 3.538.
ASI Technology Corp. (ASIT.OB) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 4.980 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 6.000 and 7.000, and is currently resisting at 3.538.
Stock Trading Conclusion:
ASI Technology Corp. (ASIT.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 3.54, 4.09, 4.45, 4.75, 4.94, 4.95, 4.96, 5.05, 6.00.
Stock Support levels :.