Stock Technical indicators to notice in QUIRIN BANK (QB7.SG)
1- Last bullish trend was from 1.35 $ (3/12/2012) to 1.57 $ (3/29/2012) a 0.22 $ move 2- The current bearish trend started from 1.57 $ at 3/29/2012 and is currently trading at 1.48 $.
4- QB7.SG current resistance level is at 1.49 which is the 38.20 % fibonacci retracement of the last 0.22 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
QUIRIN BANK (QB7.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 1.350 .
QUIRIN BANK (QB7.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1.350 and 1.270, and is currently supporting at 1.445.
QUIRIN BANK (QB7.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 1.270 and 1.120, and is currently supporting at 1.459.
Stock Trading Conclusion:
QUIRIN BANK (QB7.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 : 1.49, 1.50, 1.51, 1.52, 1.53, 1.54, 1.57,.
Stock Support levels : 1.46, 1.46, 1.45, 1.43, 1.35, 1.29,.
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