Stock Technical indicators to notice in EDUCATION REALTY TR (2015092.SG)
1- Last bearish trend was from 5.37 $ (8/2/2010) to 5.16 $ (8/6/2010) a 0.21 $ move 2- The current bullish trend started from 5.16 $ at 8/6/2010 and is currently trading at 5.55 $.
EDUCATION REALTY TR (2015092.SG) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bullish stock channel identifed by support at 5.160 and 4.560,resistance between 5.370 and 4.890, the stock channel is currently supported from below by 5.460 and resisted from above by 5.776.
EDUCATION REALTY TR (2015092.SG) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 4.890 and 5.410 that was broken up at 4.800 transforming into a supporting line.
EDUCATION REALTY TR (2015092.SG) Long term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 4.560 .
7- The Stock formed a 0.910 $ height triangle which was broken up at 5.320, target of the pattern is 6.230.
Stock Trading Conclusion:
EDUCATION REALTY TR (2015092.SG) was trading in a bullish wave, which is becoming stronger .
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 : 6.23.
Stock Support levels : 5.46, 5.40, 5.36, 5.31, 5.28, 5.16, 4.55,.