Stock Technical indicators to notice in WORLD CLASS INT (WCSI.ST)
1- Last bullish trend was from 1.10 $ (3/16/2011) to 1.19 $ (3/29/2011) a 0.09 $ move 2- The current bearish trend started from 1.19 $ at 3/29/2011 and is currently trading at 1.10 $.
4- WCSI.ST current resistance level is at 1.10 which is the 100.00 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
WORLD CLASS INT (WCSI.ST) Short term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1.100 and 1.010 that was broken down at 1.140 transforming into a resistance line.
WORLD CLASS INT (WCSI.ST) Mid term stock chart patterns for internet stock trading :
None.
WORLD CLASS INT (WCSI.ST) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
WORLD CLASS INT (WCSI.ST) was trading in a strong 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 : 1.12, 1.13, 1.14, 1.15, 1.16, 1.17, 1.19, 1.22.
Stock Support levels : 1.08,.