Stock Technical indicators to notice in CHING FENG HOME FA TWD10 (9935.TW)
1- Last bullish trend was from 6.23 $ (4/23/2012) to 6.50 $ (4/25/2012) a 0.27 $ move 2- The current bearish trend started from 6.50 $ at 4/25/2012 and is currently trading at 6.37 $.
4- 9935.TW current resistance level is at 6.40 which is the 38.20 % fibonacci retracement of the last 0.27 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHING FENG HOME FA TWD10 (9935.TW) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 6.230 $ and 6.500 $.
CHING FENG HOME FA TWD10 (9935.TW) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 6.830 and 7.100, and is currently resisting at 6.720.
CHING FENG HOME FA TWD10 (9935.TW) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 7.100 and 7.240 that was broken up at 6.380 transforming into a supporting line.
Stock Trading Conclusion:
CHING FENG HOME FA TWD10 (9935.TW) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 6.40, 6.40, 6.42, 6.43, 6.44, 6.45, 6.47, 6.50, 6.72.
Stock Support levels : 6.36, 6.33, 6.31, 6.23, 6.17, 6.16,.
Related Stocks
| NATIONAL PETROL(TW TWD10 |
| TAIWAN PAIHO TWD10 |
| TAIWAN HON CHUAN E TWD10 |
| SINYI REALTY INC. TWD10 |
| TAIWAN ACCEPTANCE TWD10 |