Stock Technical indicators to notice in PX1/BNPPAI WT-09 (4304B.PA)
1- Last bullish trend was from 6.04 $ (3/9/2009) to 6.27 $ (4/2/2009) a 0.23 $ move 2- The current bearish trend started from 6.27 $ at 4/2/2009 and is currently trading at 4.99 $.
PX1/BNPPAI WT-09 (4304B.PA) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bearish stock channel identifed by support at 6.040 and 7.630,resistance between 6.270 and 8.620 which was broken up at 5.060.
PX1/BNPPAI WT-09 (4304B.PA) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 8.620 and 9.200 that was broken up at 5.010 transforming into a supporting line.
PX1/BNPPAI WT-09 (4304B.PA) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 8.620 and 20.930 that was broken up at 7.700 transforming into a supporting line.
Stock Trading Conclusion:
PX1/BNPPAI WT-09 (4304B.PA) was trading in a strong 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 : 5.29, 5.48, 5.63, 5.78, 6.27.
Stock Support levels : 3.43, 2.53,.