Stock Technical indicators to notice in Juniata Valley Financial Corp. (JUVF.OB)
1- Last bearish trend was from 18.85 $ (5/1/2012) to 17.80 $ (5/2/2012) a 1.05 $ move 2- The current bullish trend started from 17.80 $ at 5/2/2012 and is currently trading at 18.65 $.
4- JUVF.OB current resistance level is at 18.85 which is the 100.00 % fibonacci retracement of the last 1.05 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Juniata Valley Financial Corp. (JUVF.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 18.850 and 18.950, and is currently resisting at 18.831.
Juniata Valley Financial Corp. (JUVF.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 17.390 and 17.180, and is currently supporting at 17.682.
Juniata Valley Financial Corp. (JUVF.OB) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 2.610 $ height triangle which was broken up at 18.130, target of the pattern is 20.740.
Stock Trading Conclusion:
Juniata Valley Financial Corp. (JUVF.OB) was trading in a bearish wave, which is becoming stronger .
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 : 18.83, 18.85, 19.14, 19.50, 20.74.
Stock Support levels : 18.45, 18.45, 18.33, 18.33, 18.22, 18.20, 18.12, 18.05, 17.80, 17.71,.
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