Stock Technical indicators to notice in IPASS (IPN.SG)
1- Last bearish trend was from 1.97 $ (5/3/2012) to 1.80 $ (5/4/2012) a 0.17 $ move 2- The current bullish trend started from 1.80 $ at 5/4/2012 and is currently trading at 1.92 $.
4- IPN.SG current resistance level is at 1.97 which is the 100.00 % fibonacci retracement of the last 0.17 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
IPASS (IPN.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.800 and 1.750, and is currently supporting at 1.807.
IPASS (IPN.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1.800 and 1.750, and is currently supporting at 1.807.
IPASS (IPN.SG) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.330 $ height triangle.
Stock Trading Conclusion:
IPASS (IPN.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 1.97, 2.02, 2.08.
Stock Support levels : 1.91, 1.89, 1.88, 1.87, 1.86, 1.86, 1.85, 1.84, 1.81, 1.80,.
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