Stock Technical indicators to notice in MAN AG VZ (MAN3.SG)
1- Last bearish trend was from 56.54 $ (1/13/2012) to 54.40 $ (1/16/2012) a 2.14 $ move 2- The current bullish trend started from 54.40 $ at 1/16/2012 and is currently trading at 59.20 $.
MAN AG VZ (MAN3.SG) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 54.400 and 45.200 that was broken down at 58.500 transforming into a resistance line.
MAN AG VZ (MAN3.SG) Mid term stock chart patterns for internet stock trading :
None.
MAN AG VZ (MAN3.SG) Long term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 40.870 and 38.800, and is currently supporting at 43.827.
Stock Trading Conclusion:
MAN AG VZ (MAN3.SG) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 61.56.
Stock Support levels : 58.07, 57.37, 56.80, 56.23, 54.40,.
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