Stock Technical indicators to notice in PIAGGIO and C (P1I.SG)
1- Last bearish trend was from 1.85 $ (1/2/2012) to 1.74 $ (1/9/2012) a 0.11 $ move 2- The current bullish trend started from 1.74 $ at 1/9/2012 and is currently trading at 2.08 $.
PIAGGIO and C (P1I.SG) Short term stock chart patterns for internet stock trading :
None.
PIAGGIO and C (P1I.SG) Mid term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 2.230 and 2.400 that was broken up at 1.900 transforming into a supporting line.
PIAGGIO and C (P1I.SG) Long term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 2.580 and 2.640, and is currently resisting at 2.100.
Stock Trading Conclusion:
PIAGGIO and C (P1I.SG) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 2.10.
Stock Support levels : 2.00, 1.95, 1.91, 1.87, 1.78,.
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