Stock Technical indicators to notice in CATHAY FIN REG S GDR (CHYFF.PK)
1- Last bearish trend was from 12.50 $ (4/11/2012) to 10.25 $ (4/23/2012) a 2.25 $ move 2- The current bullish trend started from 10.25 $ at 4/23/2012 and is currently trading at 11.00 $.
4- CHYFF.PK current resistance level is at 11.11 which is the 38.20 % fibonacci retracement of the last 2.25 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CATHAY FIN REG S GDR (CHYFF.PK) Short term stock chart patterns for internet stock trading :
None.
CATHAY FIN REG S GDR (CHYFF.PK) Mid term stock chart patterns for internet stock trading :
None.
CATHAY FIN REG S GDR (CHYFF.PK) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
CATHAY FIN REG S GDR (CHYFF.PK) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 11.11, 11.38, 11.64, 12.50, 13.11, 13.89.
Stock Support levels : 10.82, 10.78, 10.71, 10.63, 10.54, 10.25,.
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