Stock Technical indicators to notice in YANTIAN PORT (000088.SZ)
1- Last bullish trend was from 4.38 $ (4/23/2012) to 4.59 $ (4/24/2012) a 0.21 $ move 2- The current bearish trend started from 4.59 $ at 4/24/2012 and is currently trading at 4.32 $.
4- 000088.SZ current resistance level is at 4.32 which is the 127.20 % fibonacci retracement of the last 0.21 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
YANTIAN PORT (000088.SZ) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 4.590 and 5.530 that was broken up at 4.470 transforming into a supporting line.
YANTIAN PORT (000088.SZ) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 5.530 and 6.260, and is currently resisting at 5.467.
YANTIAN PORT (000088.SZ) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 5.530 and 6.260, and is currently resisting at 5.467.
Stock Trading Conclusion:
YANTIAN PORT (000088.SZ) 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 : 4.32, 4.38, 4.38, 4.42, 4.45, 4.46, 4.49, 4.49, 4.51, 4.54, 4.59, 5.35, 5.47,.
Stock Support levels : 4.25,.