Stock Technical indicators to notice in Karat Platinum (KRAT.OB)
1- Last bullish trend was from 3.72 $ (12/24/2008) to 4.25 $ (2/17/2009) a 0.53 $ move 2- The current bearish trend started from 4.25 $ at 2/17/2009 and is currently trading at 0.05 $.
Karat Platinum (KRAT.OB) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 3.720 and 3.500 that was broken down at 4.250 transforming into a resistance line.
Karat Platinum (KRAT.OB) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 3.500 and 3.250 that was broken down at 3.700 transforming into a resistance line.
Karat Platinum (KRAT.OB) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 3.500 and 3.250 that was broken down at 3.700 transforming into a resistance line.
Stock Trading Conclusion:
Karat Platinum (KRAT.OB) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 1.041, 1.654, 2.150, 2.646, 4.250, 10.302, 32.232.
Stock Support levels :.
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