Stock Technical indicators to notice in CSB Bancorp Inc. (CSBB.OB)
1- Last bearish trend was from 19.00 $ (4/12/2012) to 17.50 $ (4/13/2012) a 1.50 $ move 2- The current bullish trend started from 17.50 $ at 4/13/2012 and is currently trading at 18.75 $.
4- CSBB.OB current resistance level is at 19.00 which is the 100.00 % fibonacci retracement of the last 1.50 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CSB Bancorp Inc. (CSBB.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 19.000 and 20.000 that was broken up at 18.250 transforming into a supporting line.
CSB Bancorp Inc. (CSBB.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 17.500 and 17.320, and is currently supporting at 17.654.
CSB Bancorp Inc. (CSBB.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 17.320 and 14.010, and is currently supporting at 18.223.
Stock Trading Conclusion:
CSB Bancorp Inc. (CSBB.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 : 19.00, 19.41, 19.93.
Stock Support levels : 18.45, 18.43, 18.27, 18.25, 18.22, 18.13, 18.07, 17.98, 17.85, 17.65, 17.50,.
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