Stock Technical indicators to notice in SIIC DE PARIS 8EME (BSHO.PA)
1- Last bullish trend was from 10.00 $ (4/20/2012) to 20.00 $ (4/24/2012) a 10.00 $ move 2- The current bearish trend started from 20.00 $ at 4/24/2012 and is currently trading at 11.00 $.
4- BSHO.PA current resistance level is at 13.82 which is the 61.80 % fibonacci retracement of the last 10.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SIIC DE PARIS 8EME (BSHO.PA) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 10.000 .
SIIC DE PARIS 8EME (BSHO.PA) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 10.000 and 9.750, and is currently supporting at 10.012.
SIIC DE PARIS 8EME (BSHO.PA) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 10.000 and 9.750, and is currently supporting at 10.012.
Stock Trading Conclusion:
SIIC DE PARIS 8EME (BSHO.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 : 13.12, 13.82, 14.44, 15.00, 15.50, 16.18, 16.56, 17.64, 20.00,.
Stock Support levels : 10.01, 10.00, 7.28,.
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