Stock Technical indicators to notice in BANK OF NAPA NA (CA) (BNNP.OB)
1- Last bullish trend was from 6.15 $ (4/19/2012) to 7.00 $ (5/3/2012) a 0.85 $ move 2- The current bearish trend started from 7.00 $ at 5/3/2012 and is currently trading at 6.40 $.
4- BNNP.OB current resistance level is at 6.47 which is the 61.80 % fibonacci retracement of the last 0.85 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BANK OF NAPA NA (CA) (BNNP.OB) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 6.150 .
BANK OF NAPA NA (CA) (BNNP.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 6.080 .
BANK OF NAPA NA (CA) (BNNP.OB) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 6.080 .
9- The Stock formed a 0.950 $ height triangle.
Stock Trading Conclusion:
BANK OF NAPA NA (CA) (BNNP.OB) was trading in a bearish 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 : 6.47, 6.54, 6.57, 6.63, 6.68, 6.70, 6.77, 6.80, 7.00,.
Stock Support levels : 6.25, 6.15, 5.92,.