Stock Technical indicators to notice in ICADE (I7P.SG)
1- Last bearish trend was from 49.52 $ (12/3/2007) to 47.01 $ (12/5/2007) a 2.51 $ move 2- The current bullish trend started from 47.01 $ at 12/5/2007 and is currently trading at 49.50 $.
4- I7P.SG current resistance level is at 49.52 which is the 100.00 % fibonacci retracement of the last 2.51 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ICADE (I7P.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 47.010 and 45.740, and is currently supporting at 47.222.
ICADE (I7P.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 42.690 and 43.860,resistance between 47.030 and 51.790 which was broken up at 47.870.
ICADE (I7P.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 42.690 and 40.990, and is currently supporting at 43.164.
Stock Trading Conclusion:
ICADE (I7P.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 : 49.52, 50.20, 51.07.
Stock Support levels : 48.91, 48.56, 48.55, 48.26, 48.25, 47.97, 47.96, 47.60, 47.22, 47.01, 44.17,.
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