Stock Technical indicators to notice in LionAPac (L08.SI)
1- Last bullish trend was from 0.19 $ (4/4/2012) to 0.20 $ (4/5/2012) a 0.01 $ move 2- The current bearish trend started from 0.20 $ at 4/5/2012 and is currently trading at 0.19 $.
4- L08.SI current resistance level is at 0.19 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
LionAPac (L08.SI) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.190 $ and 0.200 $.
LionAPac (L08.SI) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.210 that was broken up at 0.160 transforming into a supporting line.
LionAPac (L08.SI) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.210 that was broken up at 0.160 transforming into a supporting line.
Stock Trading Conclusion:
LionAPac (L08.SI) was trading in a strong 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 : 0.192, 0.194, 0.195, 0.196, 0.198, 0.200,.
Stock Support levels : 0.187, 0.184, -0.010,.
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