Stock Technical indicators to notice in Westmoore Holdings (WSMO.OB)
1- Last bearish trend was from 0.26 $ (2/19/2010) to 0.05 $ (4/8/2010) a 0.21 $ move 2- The current bullish trend started from 0.05 $ at 4/8/2010 and is currently trading at 0.32 $.
4- WSMO.OB current resistance level is at 0.39 which is the 161.80 % fibonacci retracement of the last 0.21 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Westmoore Holdings (WSMO.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.390 that was broken up at 0.320 transforming into a supporting line.
Westmoore Holdings (WSMO.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.390 that was broken up at 0.320 transforming into a supporting line.
Westmoore Holdings (WSMO.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.390 that was broken up at 0.320 transforming into a supporting line.
Stock Trading Conclusion:
Westmoore Holdings (WSMO.OB) was trading in a strong 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 : 0.390.
Stock Support levels : 0.317, 0.260, 0.256, 0.217, 0.185, 0.180, 0.155, 0.153, 0.130, 0.123, 0.100, 0.050,.
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