Stock Technical indicators to notice in JUNEAU CAPITAL LTD (JNCP-L.TA)
1- Last bullish trend was from 1,400.00 $ (3/9/2010) to 2,140.00 $ (5/10/2010) a 740.00 $ move 2- The current bearish trend started from 2,140.00 $ at 5/10/2010 and is currently trading at 2,000.00 $.
4- JNCP-L.TA current resistance level is at 2,140.00 which is the 0.00 % fibonacci retracement of the last 740.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
JUNEAU CAPITAL LTD (JNCP-L.TA) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1,400.000 and 703.200 that was broken down at 2,000.000 transforming into a resistance line.
JUNEAU CAPITAL LTD (JNCP-L.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1,400.000 and 680.000 that was broken down at 2,000.000 transforming into a resistance line.
JUNEAU CAPITAL LTD (JNCP-L.TA) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bullish stock channel identifed by support at 1,400.000 and 680.000,resistance between 2,047.000 and 1,299.000 which was broken down at 2,000.000.
Stock Trading Conclusion:
JUNEAU CAPITAL LTD (JNCP-L.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 : 2,033.04, 2,053.48, 2,070.00, 2,086.52, 2,140.00, 2,147.69, 2,407.87.
Stock Support levels : 1,965.36, 1,857.32, 1,770.00, 1,682.68, 1,400.00, 1,198.72,.
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