Stock Technical indicators to notice in LEDSTIERNAN -B- (EMJB.SG)
1- Last bearish trend was from 3.36 $ (5/4/2010) to 3.17 $ (5/6/2010) a 0.19 $ move 2- The current bullish trend started from 3.17 $ at 5/6/2010 and is currently trading at 3.38 $.
4- EMJB.SG current resistance level is at 3.41 which is the 127.20 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
LEDSTIERNAN -B- (EMJB.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 3.360 and 3.530 that was broken up at 3.310 transforming into a supporting line.
LEDSTIERNAN -B- (EMJB.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 3.530 .
LEDSTIERNAN -B- (EMJB.SG) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 3.530 .
9- The Stock formed a 0.400 $ height triangle.
Stock Trading Conclusion:
LEDSTIERNAN -B- (EMJB.SG) was trading in a strong bullish wave, which is becoming stronger .
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 : 3.41, 3.48, 3.53,.
Stock Support levels : 3.36, 3.33, 3.30, 3.29, 3.28, 3.26, 3.25, 3.24, 3.21, 3.17,.
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