Stock Technical indicators to notice in YUNG CHI PAINT TWD10 (1726.TW)
1- Last bearish trend was from 43.95 $ (11/8/2011) to 41.15 $ (11/25/2011) a 2.80 $ move 2- The current bullish trend started from 41.15 $ at 11/25/2011 and is currently trading at 44.10 $.
4- 1726.TW current resistance level is at 44.71 which is the 127.20 % fibonacci retracement of the last 2.80 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
YUNG CHI PAINT TWD10 (1726.TW) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 4.950 $ height triangle which was broken up at 43.100 in higher than usual volume, target of the pattern is 48.050.
YUNG CHI PAINT TWD10 (1726.TW) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 9.950 $ height triangle which was broken up at 42.250 in higher than usual volume, target of the pattern is 52.200.
YUNG CHI PAINT TWD10 (1726.TW) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
YUNG CHI PAINT TWD10 (1726.TW) was trading in a 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 : 44.71, 45.68, 48.05, 52.20.
Stock Support levels : 43.95, 43.40, 42.97, 42.88, 42.70, 42.63, 42.55, 42.28, 42.22, 41.81, 41.15,.
Related Stocks
| CHUNG HWA CHEMICAL TWD10 |
| PIHSIANG MACHINERY TWD10 |
| FARCENT ENTERPRISE TWD10 |
| MAYWUFA CO TWD10 |
| MAO BAO CHEMICAL TWD10 |
