Stock Technical indicators to notice in IMAGINE N (MLIMA.PA)
1- Last bearish trend was from 31.99 $ (7/2/2007) to 30.00 $ (7/3/2007) a 1.99 $ move 2- The current bullish trend started from 30.00 $ at 7/3/2007 and is currently trading at 32.00 $.
4- MLIMA.PA current resistance level is at 32.53 which is the 127.20 % fibonacci retracement of the last 1.99 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
IMAGINE N (MLIMA.PA) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 30.000 .
7- The Stock formed Double Top Pattern at 31.990 that failed, and formed a support .
IMAGINE N (MLIMA.PA) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 30.000 .
9- The Stock formed Double Top Pattern at 31.990 that failed, and formed a support .
IMAGINE N (MLIMA.PA) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
IMAGINE N (MLIMA.PA) was trading in a strong bullish wave, which is becoming stronger .
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 : 32.53, 33.22.
Stock Support levels : 31.99, 31.53, 31.24, 31.23, 31.00, 30.99, 30.76, 30.76, 30.47, 30.00,.