Stock Technical indicators to notice in MTP/CITI WTS 09 (2008C.PA)
1- Last bullish trend was from 0.03 $ (11/2/2011) to 0.04 $ (11/3/2011) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 11/3/2011 and is currently trading at 0.02 $.
MTP/CITI WTS 09 (2008C.PA) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.090 that was broken up at 0.030 transforming into a supporting line.
MTP/CITI WTS 09 (2008C.PA) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.090 that was broken up at 0.030 transforming into a supporting line.
MTP/CITI WTS 09 (2008C.PA) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.090 that was broken up at 0.030 transforming into a supporting line.
Stock Trading Conclusion:
MTP/CITI WTS 09 (2008C.PA) was trading in a bearish 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 : 0.025, 0.028, 0.030, 0.032, 0.040.
Stock Support levels : -0.030,.