Stock Technical indicators to notice in COMCAST-A-SPL (CTP1.SG)
1- Last bearish trend was from 22.56 $ (4/17/2012) to 21.71 $ (4/23/2012) a 0.85 $ move 2- The current bullish trend started from 21.71 $ at 4/23/2012 and is currently trading at 22.43 $.
4- CTP1.SG current resistance level is at 22.56 which is the 100.00 % fibonacci retracement of the last 0.85 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
COMCAST-A-SPL (CTP1.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 21.710 .
COMCAST-A-SPL (CTP1.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 15.350 .
COMCAST-A-SPL (CTP1.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 15.350 and 13.490, and is currently supporting at 18.386.
Stock Trading Conclusion:
COMCAST-A-SPL (CTP1.SG) was trading in a 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 : 22.56, 22.79, 23.09.
Stock Support levels : 22.26, 22.24, 22.15, 22.13, 22.07, 22.03, 21.99, 21.91, 21.77, 21.71, 18.39,.
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