Stock Technical indicators to notice in HAVILA SHIPPING (HAVI.OL)
1- Last bullish trend was from 44.30 $ (4/19/2012) to 51.00 $ (5/2/2012) a 6.70 $ move 2- The current bearish trend started from 51.00 $ at 5/2/2012 and is currently trading at 49.00 $.
4- HAVI.OL current resistance level is at 49.42 which is the 23.60 % fibonacci retracement of the last 6.70 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
HAVILA SHIPPING (HAVI.OL) Short term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 44.300 and 44.000, and is currently supporting at 45.400.
HAVILA SHIPPING (HAVI.OL) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 44.000 .
9- The Stock formed a 7.900 $ height triangle which was broken up at 47.000, target of the pattern is 54.900.
HAVILA SHIPPING (HAVI.OL) Long term stock chart patterns for internet stock trading :
10- The Stock was supported by a support line, identified by two points: 44.000 and 30.000, and is currently supporting at 47.161.
Stock Trading Conclusion:
HAVILA SHIPPING (HAVI.OL) 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 : 49.42, 49.47, 49.76, 50.00, 50.24, 51.00, 54.90.
Stock Support levels : 48.44, 47.65, 47.16, 46.86, 45.40, 44.30, 43.88, 42.48, 40.16,.
