Stock Technical indicators to notice in B. GAON PROPERTIES (GAPR.TA)
1- Last bearish trend was from 173.60 $ (12/13/2010) to 151.50 $ (12/15/2010) a 22.10 $ move 2- The current bullish trend started from 151.50 $ at 12/15/2010 and is currently trading at 164.80 $.
4- GAPR.TA current resistance level is at 165.16 which is the 61.80 % fibonacci retracement of the last 22.10 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
B. GAON PROPERTIES (GAPR.TA) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 42.000 $ height triangle.
B. GAON PROPERTIES (GAPR.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 49.700 $ height triangle.
B. GAON PROPERTIES (GAPR.TA) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 54.200 $ height triangle.
Stock Trading Conclusion:
B. GAON PROPERTIES (GAPR.TA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 165.16, 173.60, 179.61, 183.90, 187.26.
Stock Support levels : 162.55, 161.66, 159.94, 159.72, 158.15, 156.72, 156.58, 151.50,.