Stock Technical indicators to notice in PX1/BNPPAI WT.09 (3606B.PA)
1- Last bearish trend was from 195.70 $ (10/16/2008) to 188.70 $ (10/20/2008) a 7.00 $ move 2- The current bullish trend started from 188.70 $ at 10/20/2008 and is currently trading at 200.00 $.
4- 3606B.PA current resistance level is at 200.03 which is the 161.80 % fibonacci retracement of the last 7.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
PX1/BNPPAI WT.09 (3606B.PA) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 188.700 and 179.900 that was broken down at 193.400 transforming into a resistance line.
PX1/BNPPAI WT.09 (3606B.PA) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 172.800 and 156.600 that was broken down at 190.600 transforming into a resistance line.
PX1/BNPPAI WT.09 (3606B.PA) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
PX1/BNPPAI WT.09 (3606B.PA) was trading in a strong bullish wave, which is becoming stronger .
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 : 200.03, 241.50, 286.20.
Stock Support levels : 197.60, 197.33, 195.70, 195.68, 194.35, 193.03, 193.02, 192.20, 191.37, 190.35, 188.70,.