Stock Technical indicators to notice in Tombstone Technologies (TMCI.OB)
1- Last bearish trend was from 3.15 $ (1/21/2011) to 2.95 $ (1/28/2011) a 0.20 $ move 2- The current bullish trend started from 2.95 $ at 1/28/2011 and is currently trading at 3.15 $.
4- TMCI.OB current resistance level is at 3.20 which is the 127.20 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Tombstone Technologies (TMCI.OB) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 2.950 $ and 3.150 $.
Tombstone Technologies (TMCI.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 2.950 $ and 3.150 $.
Tombstone Technologies (TMCI.OB) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 3.200 .
9- The Stock formed a 0.450 $ height triangle.
Stock Trading Conclusion:
Tombstone Technologies (TMCI.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 3.20, 3.20, 3.27.
Stock Support levels : 3.10, 3.07, 3.05, 3.03, 3.00, 2.95,.
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