Stock Technical indicators to notice in OCT HOLDING (000069.SZ)
1- Last bearish trend was from 7.08 $ (1/10/2012) to 6.75 $ (1/16/2012) a 0.33 $ move 2- The current bullish trend started from 6.75 $ at 1/16/2012 and is currently trading at 7.40 $.
OCT HOLDING (000069.SZ) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.500 $ height triangle which was broken up at 7.180 in higher than usual volume, target of the pattern is 7.680.
OCT HOLDING (000069.SZ) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 0.810 $ height triangle which was broken up at 7.180 in higher than usual volume, target of the pattern is 7.990.
OCT HOLDING (000069.SZ) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 2.340 $ height triangle which was broken up at 6.830 in higher than usual volume, target of the pattern is 9.170.
Stock Trading Conclusion:
OCT HOLDING (000069.SZ) 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 : 7.68, 7.99, 9.17.
Stock Support levels : 7.25, 7.17, 7.15, 7.07, 7.00, 6.94, 6.75,.
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