Stock Technical indicators to notice in HITRON TECHNOLOGY TWD10 (2419.TW)
1- Last bearish trend was from 17.50 $ (4/13/2012) to 16.55 $ (4/24/2012) a 0.95 $ move 2- The current bullish trend started from 16.55 $ at 4/24/2012 and is currently trading at 17.65 $.
4- 2419.TW current resistance level is at 17.76 which is the 127.20 % fibonacci retracement of the last 0.95 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
HITRON TECHNOLOGY TWD10 (2419.TW) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 1.650 $ height triangle which was broken up at 17.750 in higher than usual volume, target of the pattern is 19.400.
HITRON TECHNOLOGY TWD10 (2419.TW) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 16.250 and 10.050 that was broken down at 17.850 transforming into a resistance line.
HITRON TECHNOLOGY TWD10 (2419.TW) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 16.250 and 10.050 that was broken down at 17.850 transforming into a resistance line.
Stock Trading Conclusion:
HITRON TECHNOLOGY TWD10 (2419.TW) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 17.76, 17.95, 18.09, 18.16, 19.40.
Stock Support levels : 17.50, 17.39, 17.23, 17.14, 17.10, 17.02, 16.97, 16.91, 16.83, 16.77, 16.55,.
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