Stock Technical indicators to notice in TYCO ELECTR (TYF.SG)
1- Last bullish trend was from 12.83 $ (6/3/2009) to 14.94 $ (6/16/2009) a 2.11 $ move 2- The current bearish trend started from 14.94 $ at 6/16/2009 and is currently trading at 13.01 $.
4- TYF.SG current resistance level is at 13.64 which is the 61.80 % fibonacci retracement of the last 2.11 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TYCO ELECTR (TYF.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 12.830 and 11.910 that was broken down at 14.510 transforming into a resistance line.
TYCO ELECTR (TYF.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 11.910 .
TYCO ELECTR (TYF.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 11.880 and 7.770 that was broken down at 14.160 transforming into a resistance line.
Stock Trading Conclusion:
TYCO ELECTR (TYF.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 13.47, 13.64, 13.75, 13.89, 13.98, 14.13, 14.20, 14.44, 14.93, 14.94, 16.13.
Stock Support levels : 12.83, 12.26, 12.01, 11.92,.
