Stock Technical indicators to notice in PAI FINANCE LTD (INBR.TA)
1- Last bullish trend was from 9.20 $ (1/26/2012) to 11.40 $ (1/30/2012) a 2.20 $ move 2- The current bearish trend started from 11.40 $ at 1/30/2012 and is currently trading at 9.30 $.
4- INBR.TA current resistance level is at 10.04 which is the 61.80 % fibonacci retracement of the last 2.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PAI FINANCE LTD (INBR.TA) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 9.200 and 8.700 that was broken down at 9.200 transforming into a resistance line.
PAI FINANCE LTD (INBR.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 9.200 and 8.700 that was broken down at 9.200 transforming into a resistance line.
PAI FINANCE LTD (INBR.TA) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 9.200 and 8.700 that was broken down at 9.200 transforming into a resistance line.
Stock Trading Conclusion:
PAI FINANCE LTD (INBR.TA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 9.34, 9.80, 10.04, 10.10, 10.30, 10.35, 10.56, 10.60, 10.88, 11.40,.
Stock Support levels : 9.20, 8.60,.
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