Stock Technical indicators to notice in VIATEL HLDG LTD NEW (VIAHF.PK)
1- Last bullish trend was from 0.25 $ (4/6/2011) to 0.50 $ (12/7/2011) a 0.25 $ move 2- The current bearish trend started from 0.50 $ at 12/7/2011 and is currently trading at 0.25 $.
4- VIAHF.PK current resistance level is at 0.25 which is the 100.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator .
VIATEL HLDG LTD NEW (VIAHF.PK) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.500 and 20.000 that was broken up at 0.250 transforming into a supporting line.
VIATEL HLDG LTD NEW (VIAHF.PK) Mid term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.500 and 20.000 that was broken up at 0.250 transforming into a supporting line.
VIATEL HLDG LTD NEW (VIAHF.PK) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 0.500 and 20.000 that was broken up at 0.250 transforming into a supporting line.
Stock Trading Conclusion:
VIATEL HLDG LTD NEW (VIAHF.PK) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.309, 0.345, 0.375, 0.405, 0.441, 0.500,.
Stock Support levels : 0.182, 0.095, -2.176,.
