Stock Technical indicators to notice in TRANSOCEAN INC (T3K.SG)
1- Last bullish trend was from 37.19 $ (12/5/2008) to 43.19 $ (12/11/2008) a 6.00 $ move 2- The current bearish trend started from 43.19 $ at 12/11/2008 and is currently trading at 37.71 $.
4- T3K.SG current resistance level is at 39.48 which is the 61.80 % fibonacci retracement of the last 6.00 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
TRANSOCEAN INC (T3K.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 43.190 and 52.310, and is currently resisting at 38.123.
TRANSOCEAN INC (T3K.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 43.190 and 52.310, and is currently resisting at 38.123.
TRANSOCEAN INC (T3K.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 43.190 and 52.310, and is currently resisting at 38.123.
Stock Trading Conclusion:
TRANSOCEAN INC (T3K.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 38.12, 39.00, 39.48, 39.80, 40.19, 40.45, 40.90, 41.10, 41.77, 43.19,.
Stock Support levels : 37.19, 35.56,.
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