Stock Technical indicators to notice in Jagged Peak (JGPK.OB)
1- Last bullish trend was from 0.15 $ (4/30/2012) to 0.30 $ (5/2/2012) a 0.15 $ move 2- The current bearish trend started from 0.30 $ at 5/2/2012 and is currently trading at 0.16 $.
4- JGPK.OB current resistance level is at 0.21 which is the 61.80 % fibonacci retracement of the last 0.15 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Jagged Peak (JGPK.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.360, and is currently resisting at 0.281.
Jagged Peak (JGPK.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.360, and is currently resisting at 0.281.
Jagged Peak (JGPK.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.360, and is currently resisting at 0.281.
Stock Trading Conclusion:
Jagged Peak (JGPK.OB) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.193, 0.207, 0.213, 0.225, 0.230, 0.243, 0.247, 0.265, 0.281, 0.300,.
Stock Support levels : 0.150, 0.109,.
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