Stock Technical indicators to notice in JSSH (000518.SZ)
1- Last bearish trend was from 5.32 $ (4/18/2012) to 4.81 $ (4/27/2012) a 0.51 $ move 2- The current bullish trend started from 4.81 $ at 4/27/2012 and is currently trading at 5.07 $.
4- 000518.SZ current resistance level is at 5.13 which is the 61.80 % fibonacci retracement of the last 0.51 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
JSSH (000518.SZ) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 1.320 $ height triangle.
JSSH (000518.SZ) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 5.320 and 5.770, and is currently resisting at 5.124.
JSSH (000518.SZ) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 1.980 $ height triangle.
Stock Trading Conclusion:
JSSH (000518.SZ) 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 : 5.12, 5.13, 5.32, 5.46, 5.64.
Stock Support levels : 5.07, 5.01, 5.00, 4.97, 4.94, 4.93, 4.91, 4.81,.
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