Stock Technical indicators to notice in LionTeckC (L17.SI)
1- Last bearish trend was from 0.50 $ (4/30/2012) to 0.47 $ (5/3/2012) a 0.03 $ move 2- The current bullish trend started from 0.47 $ at 5/3/2012 and is currently trading at 0.48 $.
4- L17.SI current resistance level is at 0.48 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
LionTeckC (L17.SI) Short term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 0.500 .
LionTeckC (L17.SI) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 0.500 .
9- The Stock formed a 0.040 $ height triangle.
LionTeckC (L17.SI) Long term stock chart patterns for internet stock trading :
10- The Stock formed a 0.100 $ height triangle which was broken up at 0.470 in higher than usual volume, target of the pattern is 0.570.
Stock Trading Conclusion:
LionTeckC (L17.SI) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.481, 0.485, 0.489, 0.500, 0.508, 0.519, 0.570.
Stock Support levels : 0.478, 0.477, 0.476, 0.475, 0.474, 0.470,.
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