Stock Technical indicators to notice in Delta Mutual (DLTM.OB)
1- Last bullish trend was from 0.30 $ (6/29/2009) to 0.40 $ (7/1/2009) a 0.10 $ move 2- The current bearish trend started from 0.40 $ at 7/1/2009 and is currently trading at 0.30 $.
4- DLTM.OB current resistance level is at 0.30 which is the 100.00 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Delta Mutual (DLTM.OB) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.300 $ and 0.400 $.
Delta Mutual (DLTM.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 0.300 $ and 0.400 $.
Delta Mutual (DLTM.OB) Long term stock chart patterns for internet stock trading :
8- The Stock is trading in a stock channel between 0.300 $ and 0.400 $.
Stock Trading Conclusion:
Delta Mutual (DLTM.OB) was trading in a strong 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 : 0.324, 0.338, 0.350, 0.362, 0.376, 0.400,.
Stock Support levels : 0.273, 0.238,.
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