Stock Technical indicators to notice in CONCEPTS DIRECT IN (CDIR.PK)
1- Last bearish trend was from 0.11 $ (12/14/2011) to 0.06 $ (1/9/2012) a 0.05 $ move 2- The current bullish trend started from 0.06 $ at 1/9/2012 and is currently trading at 0.20 $.
CONCEPTS DIRECT IN (CDIR.PK) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.180 that was broken up at 0.070 transforming into a supporting line.
CONCEPTS DIRECT IN (CDIR.PK) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.180 that was broken up at 0.070 transforming into a supporting line.
CONCEPTS DIRECT IN (CDIR.PK) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.180 that was broken up at 0.070 transforming into a supporting line.
Stock Trading Conclusion:
CONCEPTS DIRECT IN (CDIR.PK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 0.167, 0.147, 0.130, 0.113, 0.060, 0.057,.
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