Stock Technical indicators to notice in ABR (533.SI)
1- Last bearish trend was from 0.82 $ (4/10/2012) to 0.75 $ (4/11/2012) a 0.07 $ move 2- The current bullish trend started from 0.75 $ at 4/11/2012 and is currently trading at 0.84 $.
4- 533.SI current resistance level is at 0.86 which is the 161.80 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
ABR (533.SI) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.820 and 0.870 that was broken up at 0.810 transforming into a supporting line.
ABR (533.SI) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.750 and 0.590, and is currently supporting at 0.799.
ABR (533.SI) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 0.750 and 0.590, and is currently supporting at 0.799.
Stock Trading Conclusion:
ABR (533.SI) was trading in a bullish wave, which is becoming stronger .
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 : 0.863.
Stock Support levels : 0.839, 0.820, 0.819, 0.806, 0.799, 0.795, 0.793, 0.790, 0.785, 0.784, 0.777, 0.767, 0.750,.
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