Stock Technical indicators to notice in KRUNG THAI BANK -F- (KTB1.SG)
1- Last bullish trend was from 0.41 $ (4/24/2012) to 0.44 $ (5/2/2012) a 0.03 $ move 2- The current bearish trend started from 0.44 $ at 5/2/2012 and is currently trading at 0.42 $.
4- KTB1.SG current resistance level is at 0.42 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
KRUNG THAI BANK -F- (KTB1.SG) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 0.410 and 0.400,resistance between 0.440 and 0.430, the stock channel is currently supported from below by 0.418 and resisted from above by 0.443.
KRUNG THAI BANK -F- (KTB1.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.110 $ height triangle.
KRUNG THAI BANK -F- (KTB1.SG) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bullish stock channel identifed by support at 0.400 and 0.340,resistance between 0.450 and 0.380, the stock channel is currently supported from below by 0.418 and resisted from above by 0.477.
Stock Trading Conclusion:
KRUNG THAI BANK -F- (KTB1.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.421, 0.425, 0.425, 0.428, 0.429, 0.430, 0.432, 0.433, 0.440,.
Stock Support levels : 0.410, 0.402,.
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