Stock Technical indicators to notice in DIALOG SEMICOND (DLG.SG)
1- Last bullish trend was from 15.05 $ (10/10/2012) to 16.61 $ (10/18/2012) a 1.56 $ move 2- The current bearish trend started from 16.61 $ at 10/18/2012 and is currently trading at 15.85 $.
4- DLG.SG current resistance level is at 16.01 which is the 38.20 % fibonacci retracement of the last 1.56 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
DIALOG SEMICOND (DLG.SG) Short term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 15.050 and 14.730,resistance between 16.610 and 15.950 which was broken down at 15.810.
DIALOG SEMICOND (DLG.SG) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 3.090 $ height triangle.
DIALOG SEMICOND (DLG.SG) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 14.730 and 14.310, and is currently supporting at 14.886.
Stock Trading Conclusion:
DIALOG SEMICOND (DLG.SG) was trading in a bearish 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 : 15.95, 16.01, 16.03, 16.14, 16.23, 16.24, 16.32, 16.48, 16.61,.
Stock Support levels : 15.83, 15.65, 15.05, 14.89, 14.63,.