Stock Technical indicators to notice in MAUREL and PROM E06 (MAUNV.PA)
1- Last bearish trend was from 18.10 $ (6/24/2011) to 16.00 $ (6/30/2011) a 2.10 $ move 2- The current bullish trend started from 16.00 $ at 6/30/2011 and is currently trading at 18.10 $.
4- MAUNV.PA current resistance level is at 18.67 which is the 127.20 % fibonacci retracement of the last 2.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
MAUREL and PROM E06 (MAUNV.PA) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 18.100 and 18.400 that was broken up at 18.100 transforming into a supporting line.
MAUREL and PROM E06 (MAUNV.PA) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 18.100 and 18.400 that was broken up at 18.100 transforming into a supporting line.
MAUREL and PROM E06 (MAUNV.PA) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 18.500 and 20.000 that was broken up at 18.100 transforming into a supporting line.
Stock Trading Conclusion:
MAUREL and PROM E06 (MAUNV.PA) was trading in a strong bullish 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 : 18.67, 19.40.
Stock Support levels : 17.85, 17.60, 17.30, 17.05, 16.95, 16.80, 16.50, 16.00, 15.71,.
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