Stock Technical indicators to notice in BERJAYA CORP BHD (BRYAF.PK)
1- Last bearish trend was from 0.28 $ (4/27/2012) to 0.20 $ (5/4/2012) a 0.08 $ move 2- The current bullish trend started from 0.20 $ at 5/4/2012 and is currently trading at 0.25 $.
4- BRYAF.PK current resistance level is at 0.28 which is the 100.00 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
BERJAYA CORP BHD (BRYAF.PK) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.280 and 0.300, and is currently resisting at 0.276.
BERJAYA CORP BHD (BRYAF.PK) Mid term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.280 and 0.300, and is currently resisting at 0.276.
BERJAYA CORP BHD (BRYAF.PK) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 0.280 and 0.300, and is currently resisting at 0.276.
Stock Trading Conclusion:
BERJAYA CORP BHD (BRYAF.PK) 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 : 0.276, 0.280, 0.302, 0.329.
Stock Support levels : 0.249, 0.240, 0.238, 0.231, 0.231, 0.225, 0.219, 0.219, 0.200,.
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