Stock Technical indicators to notice in CHINA CONTAINER TE TWD10 (2613.TW)
1- Last bearish trend was from 15.15 $ (4/13/2012) to 13.85 $ (4/27/2012) a 1.30 $ move 2- The current bullish trend started from 13.85 $ at 4/27/2012 and is currently trading at 14.70 $.
4- 2613.TW current resistance level is at 15.15 which is the 100.00 % fibonacci retracement of the last 1.30 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHINA CONTAINER TE TWD10 (2613.TW) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 15.150 and 15.250, and is currently resisting at 14.962.
CHINA CONTAINER TE TWD10 (2613.TW) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 16.900 and 17.250, and is currently resisting at 15.468.
CHINA CONTAINER TE TWD10 (2613.TW) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 13.850 and 12.400, and is currently supporting at 13.936.
Stock Trading Conclusion:
CHINA CONTAINER TE TWD10 (2613.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 : 14.96, 15.15, 15.47, 15.50, 15.95.
Stock Support levels : 14.65, 14.50, 14.50, 14.38, 14.35, 14.28, 14.17, 14.16, 13.94, 13.85,.
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