Stock Technical indicators to notice in RONSEN (002141.SZ)
1- Last bullish trend was from 5.92 $ (3/29/2012) to 7.24 $ (4/24/2012) a 1.32 $ move 2- The current bearish trend started from 7.24 $ at 4/24/2012 and is currently trading at 6.73 $.
4- 002141.SZ current resistance level is at 6.74 which is the 38.20 % fibonacci retracement of the last 1.32 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
RONSEN (002141.SZ) Short term stock chart patterns for internet stock trading :
None.
RONSEN (002141.SZ) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 5.920 and 5.890, and is currently supporting at 5.936.
RONSEN (002141.SZ) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 5.920 and 5.890, and is currently supporting at 5.936.
Stock Trading Conclusion:
RONSEN (002141.SZ) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 6.74, 6.85, 6.92, 6.93, 6.98, 7.05, 7.24,.
Stock Support levels : 6.58, 6.42, 5.94, 5.92, 5.56,.
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