Stock Technical indicators to notice in JINZHOU PORT CO ‘B’CNY1 (900952.SS)
1- Last bearish trend was from 0.51 $ (3/13/2012) to 0.47 $ (3/30/2012) a 0.04 $ move 2- The current bullish trend started from 0.47 $ at 3/30/2012 and is currently trading at 0.48 $.
4- 900952.SS current resistance level is at 0.49 which is the 38.20 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
JINZHOU PORT CO ‘B’CNY1 (900952.SS) Short term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.470 .
JINZHOU PORT CO ‘B’CNY1 (900952.SS) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.470 .
JINZHOU PORT CO ‘B’CNY1 (900952.SS) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 0.530 and 0.570 that was broken up at 0.480 transforming into a supporting line.
Stock Trading Conclusion:
JINZHOU PORT CO ‘B’CNY1 (900952.SS) was trading in a bearish 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 : 0.485, 0.490, 0.495, 0.510, 0.521, 0.535.
Stock Support levels : 0.479, 0.478, 0.476, 0.475, 0.474, 0.474, 0.470,.
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