Stock Technical indicators to notice in TILGIN I08 UTS (TILG-BTU.ST)
1- Last bearish trend was from 10.25 $ (5/6/2008) to 8.35 $ (5/16/2008) a 1.90 $ move 2- The current bullish trend started from 8.35 $ at 5/16/2008 and is currently trading at 9.20 $.
4- TILG-BTU.ST current resistance level is at 9.30 which is the 50.00 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
TILGIN I08 UTS (TILG-BTU.ST) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 10.250 .
TILGIN I08 UTS (TILG-BTU.ST) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 10.250 .
TILGIN I08 UTS (TILG-BTU.ST) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
TILGIN I08 UTS (TILG-BTU.ST) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 9.30, 9.52, 10.25, 10.77, 11.42.
Stock Support levels : 9.08, 9.00, 8.88, 8.80, 8.78, 8.67, 8.35,.
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