Stock Technical indicators to notice in ADVANTECH HLDGS (ADVT.TA)
1- Last bullish trend was from 16.20 $ (4/17/2012) to 17.50 $ (4/19/2012) a 1.30 $ move 2- The current bearish trend started from 17.50 $ at 4/19/2012 and is currently trading at 16.90 $.
4- ADVT.TA current resistance level is at 17.00 which is the 38.20 % fibonacci retracement of the last 1.30 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ADVANTECH HLDGS (ADVT.TA) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 2.800 $ height triangle.
ADVANTECH HLDGS (ADVT.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 16.200 and 15.500, and is currently supporting at 16.573.
ADVANTECH HLDGS (ADVT.TA) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 18.300 and 21.000, and is currently resisting at 17.696.
Stock Trading Conclusion:
ADVANTECH HLDGS (ADVT.TA) 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 : 17.00, 17.04, 17.13, 17.19, 17.20, 17.27, 17.50, 17.70.
Stock Support levels : 16.85, 16.70, 16.57, 16.20, 15.85,.
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