Stock Technical indicators to notice in AUDIKA (ADI.PA)
1- Last bullish trend was from 11.53 $ (4/18/2012) to 11.90 $ (4/20/2012) a 0.37 $ move 2- The current bearish trend started from 11.90 $ at 4/20/2012 and is currently trading at 11.00 $.
AUDIKA (ADI.PA) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 11.900 and 12.980 that was broken up at 11.260 transforming into a supporting line.
AUDIKA (ADI.PA) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 12.980 and 15.250, and is currently resisting at 12.331.
AUDIKA (ADI.PA) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 12.650 and 12.310 that was broken down at 13.350 transforming into a resistance line.
Stock Trading Conclusion:
AUDIKA (ADI.PA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 11.21, 11.34, 11.45, 11.56, 11.90, 12.33, 14.04, 14.40.
Stock Support levels : 9.96.
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