Stock Technical indicators to notice in ENFIELD MEDICAL TWD10 (4104.TW)
1- Last bearish trend was from 60.30 $ (1/6/2014) to 56.10 $ (2/5/2014) a 4.20 $ move 2- The current bullish trend started from 56.10 $ at 2/5/2014 and is currently trading at 63.60 $.
ENFIELD MEDICAL TWD10 (4104.TW) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bearish stock channel identifed by support at 56.100 and 58.500,resistance between 60.300 and 62.300 which was broken up at 59.700 in higher than usual volume.
ENFIELD MEDICAL TWD10 (4104.TW) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 62.300 and 66.600 that was broken up at 60.700 transforming into a supporting line.
ENFIELD MEDICAL TWD10 (4104.TW) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 56.100 and 47.670,resistance between 66.600 and 58.830, the stock channel is currently supported from below by 57.319 and resisted from above by 71.013.
Stock Trading Conclusion:
ENFIELD MEDICAL TWD10 (4104.TW) was trading in a strong 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 : .
Stock Support levels : 61.83, 60.73, 59.85, 58.96, 57.86, 56.10,.
|APEX MEDICAL TWD10|
|PHYTOHEALTH CORP. TWD10|
|SCI PHARMTECH INC TWD10|
|YEM CHIO COM. LTD TWD10|
|ROO HSING CO. LTD TWD10|