Stock Technical indicators to notice in NEL (597.SI)
1- Last bearish trend was from 0.02 $ (12/23/2008) to 0.01 $ (12/30/2008) a 0.01 $ move 2- The current bullish trend started from 0.01 $ at 12/30/2008 and is currently trading at 0.03 $.
NEL (597.SI) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.010 .
5- The Stock formed Double Top Pattern at 0.020 that failed, and formed a support .
NEL (597.SI) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.010 .
7- The Stock formed Double Top Pattern at 0.020 that failed, and formed a support .
NEL (597.SI) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.010 .
9- The Stock formed Double Top Pattern at 0.020 that failed, and formed a support .
Stock Trading Conclusion:
NEL (597.SI) was trading in a bullish 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 : .
Stock Support levels : 0.025, 0.022, 0.020, 0.018, 0.010,.