Stock Technical indicators to notice in NEPTUNUS (000078.SZ)
1- Last bearish trend was from 7.29 $ (4/19/2012) to 6.81 $ (4/24/2012) a 0.48 $ move 2- The current bullish trend started from 6.81 $ at 4/24/2012 and is currently trading at 7.19 $.
4- 000078.SZ current resistance level is at 7.29 which is the 100.00 % fibonacci retracement of the last 0.48 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
NEPTUNUS (000078.SZ) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.990 $ height triangle.
NEPTUNUS (000078.SZ) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 1.800 $ height triangle which was broken up at 7.130 in higher than usual volume, target of the pattern is 8.930.
NEPTUNUS (000078.SZ) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 6.380 and 6.050, and is currently supporting at 6.515.
Stock Trading Conclusion:
NEPTUNUS (000078.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 : 7.29, 7.42, 7.59, 8.93.
Stock Support levels : 7.11, 7.10, 7.09, 7.05, 7.04, 7.00, 6.99, 6.96, 6.92, 6.81,.
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