Stock Technical indicators to notice in ISE CONSULTING DIR (ISE.TA)
1- Last bullish trend was from 2.00 $ (8/17/2010) to 2.20 $ (8/26/2010) a 0.20 $ move 2- The current bearish trend started from 2.20 $ at 8/26/2010 and is currently trading at 2.10 $.
4- ISE.TA current resistance level is at 2.10 which is the 50.00 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ISE CONSULTING DIR (ISE.TA) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 2.200 and 2.600, and is currently resisting at 2.127.
ISE CONSULTING DIR (ISE.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 2.600 and 3.700 that was broken up at 2.100 transforming into a supporting line.
ISE CONSULTING DIR (ISE.TA) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 2.600 and 3.700 that was broken up at 2.100 transforming into a supporting line.
Stock Trading Conclusion:
ISE CONSULTING DIR (ISE.TA) was trading in a strong bearish wave, which is becoming weaker .
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 : 2.12, 2.13, 2.14, 2.15, 2.15, 2.16, 2.20,.
Stock Support levels : 2.08, 2.00, 1.95, 1.88, 1.41,.
