Stock Technical indicators to notice in Pinnacle Bancshares Inc. (PCLB.OB)
1- Last bullish trend was from 9.10 $ (12/29/2011) to 11.25 $ (1/23/2012) a 2.15 $ move 2- The current bearish trend started from 11.25 $ at 1/23/2012 and is currently trading at 9.50 $.
4- PCLB.OB current resistance level is at 9.92 which is the 61.80 % fibonacci retracement of the last 2.15 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Pinnacle Bancshares Inc. (PCLB.OB) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 2.460 $ height triangle.
Pinnacle Bancshares Inc. (PCLB.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 2.460 $ height triangle.
Pinnacle Bancshares Inc. (PCLB.OB) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 2.460 $ height triangle.
Stock Trading Conclusion:
Pinnacle Bancshares Inc. (PCLB.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 : 9.91, 9.92, 10.17, 10.18, 10.38, 10.43, 10.58, 10.74, 11.25,.
Stock Support levels : 9.10, 8.52,.
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