Stock Technical indicators to notice in Universal Detection Technology (UNDT.OB)
1- Last bullish trend was from 0.01 $ (11/11/2008) to 0.02 $ (11/12/2008) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 11/12/2008 and is currently trading at 0.01 $.
4- UNDT.OB current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Universal Detection Technology (UNDT.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030, and is currently resisting at 0.014.
Universal Detection Technology (UNDT.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030, and is currently resisting at 0.014.
Universal Detection Technology (UNDT.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030, and is currently resisting at 0.014.
Stock Trading Conclusion:
Universal Detection Technology (UNDT.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.012, 0.014, 0.014, 0.015, 0.016, 0.018, 0.020, 0.030,.
Stock Support levels : 0.007,.
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