Stock Technical indicators to notice in MYRIAD GENETICS (MYD.SG)
1- Last bullish trend was from 11.03 $ (7/30/2010) to 12.94 $ (8/18/2010) a 1.91 $ move 2- The current bearish trend started from 12.94 $ at 8/18/2010 and is currently trading at 12.45 $.
4- MYD.SG current resistance level is at 12.49 which is the 23.60 % fibonacci retracement of the last 1.91 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
MYRIAD GENETICS (MYD.SG) Short term stock chart patterns for internet stock trading :
None.
MYRIAD GENETICS (MYD.SG) Mid term stock chart patterns for internet stock trading :
None.
MYRIAD GENETICS (MYD.SG) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 15.250 and 18.490 that was broken up at 14.720 transforming into a supporting line.
Stock Trading Conclusion:
MYRIAD GENETICS (MYD.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 : 12.49, 12.57, 12.64, 12.69, 12.75, 12.94,.
Stock Support levels : 12.21, 11.98, 11.76, 11.03, 10.51, 9.85,.