Stock Technical indicators to notice in ADVANCED INFO SVC PU (AVIFY.PK)
1- Last bullish trend was from 5.75 $ (4/25/2012) to 6.00 $ (5/1/2012) a 0.25 $ move 2- The current bearish trend started from 6.00 $ at 5/1/2012 and is currently trading at 5.85 $.
4- AVIFY.PK current resistance level is at 5.88 which is the 50.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ADVANCED INFO SVC PU (AVIFY.PK) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 5.750 and 5.500 that was broken down at 5.950 transforming into a resistance line.
ADVANCED INFO SVC PU (AVIFY.PK) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 5.300 and 4.210, and is currently supporting at 5.490.
ADVANCED INFO SVC PU (AVIFY.PK) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 5.300 and 3.380, and is currently supporting at 5.467.
Stock Trading Conclusion:
ADVANCED INFO SVC PU (AVIFY.PK) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 5.88, 5.89, 5.90, 5.91, 5.93, 5.94, 5.94, 6.00, 7.00.
Stock Support levels : 5.85, 5.75, 5.68, 5.60, 5.49,.
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