Stock Technical indicators to notice in YA HORNG ELECTRONI TWD10 (6201.TW)
1- Last bearish trend was from 26.30 $ (11/8/2011) to 25.00 $ (12/15/2011) a 1.30 $ move 2- The current bullish trend started from 25.00 $ at 12/15/2011 and is currently trading at 26.15 $.
4- 6201.TW current resistance level is at 26.30 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 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.
YA HORNG ELECTRONI TWD10 (6201.TW) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 25.000 and 24.600,resistance between 26.300 and 26.000, the stock channel is currently supported from below by 25.290 and resisted from above by 26.767.
YA HORNG ELECTRONI TWD10 (6201.TW) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 24.500 and 26.700,resistance between 28.600 and 30.800 which was broken up at 25.500 in higher than usual volume.
YA HORNG ELECTRONI TWD10 (6201.TW) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 30.800 and 34.650 that was broken up at 24.900 transforming into a supporting line.
Stock Trading Conclusion:
YA HORNG ELECTRONI TWD10 (6201.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 : 26.30, 26.65, 27.10.
Stock Support levels : 25.88, 25.80, 25.71, 25.65, 25.58, 25.50, 25.44, 25.39, 25.31, 25.00,.
Related Stocks
| HOLTEK SEMICONDUCT TWD10 |
| CHANT SINCERE CO TWD10 |
| FLYTECH TECHNOLOGY TWD10 |
| KINKO OPTICAL CO TWD10 |
| ITEQ CORP TWD10 |