Stock Technical indicators to notice in Polonia Bancorp (PBCP.OB)
1- Last bearish trend was from 6.90 $ (4/9/2012) to 6.50 $ (4/10/2012) a 0.40 $ move 2- The current bullish trend started from 6.50 $ at 4/10/2012 and is currently trading at 6.89 $.
4- PBCP.OB current resistance level is at 6.90 which is the 100.00 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Polonia Bancorp (PBCP.OB) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 6.500 .
Polonia Bancorp (PBCP.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 7.250 and 7.800 that was broken up at 6.750 transforming into a supporting line.
Polonia Bancorp (PBCP.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 7.250 and 7.800 that was broken up at 6.750 transforming into a supporting line.
Stock Trading Conclusion:
Polonia Bancorp (PBCP.OB) was trading in a bullish 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 : 6.90, 7.01, 7.15.
Stock Support levels : 6.80, 6.75, 6.74, 6.70, 6.70, 6.65, 6.65, 6.59, 6.50, 5.77,.
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