Stock Technical indicators to notice in SPRINGSOFT TWD10 (2473.TW)
1- Last bearish trend was from 45.60 $ (4/16/2012) to 40.70 $ (4/23/2012) a 4.90 $ move 2- The current bullish trend started from 40.70 $ at 4/23/2012 and is currently trading at 43.30 $.
4- 2473.TW current resistance level is at 43.73 which is the 61.80 % fibonacci retracement of the last 4.90 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SPRINGSOFT TWD10 (2473.TW) Short term stock chart patterns for internet stock trading :
None.
SPRINGSOFT TWD10 (2473.TW) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 45.600 and 47.100, and is currently resisting at 44.550.
SPRINGSOFT TWD10 (2473.TW) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 28.050 and 27.700, and is currently supporting at 28.814.
Stock Trading Conclusion:
SPRINGSOFT TWD10 (2473.TW) 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 : 43.73, 44.55, 44.80, 45.60, 46.93, 48.63.
Stock Support levels : 43.15, 42.69, 42.57, 42.31, 42.00, 41.86, 41.69, 40.70,.
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