Stock Technical indicators to notice in LEADMAS PROPERTIES (LDMS.TA)
1- Last bullish trend was from 110.00 $ (4/1/2009) to 131.00 $ (8/6/2009) a 21.00 $ move 2- The current bearish trend started from 131.00 $ at 8/6/2009 and is currently trading at 105.90 $.
4- LDMS.TA current resistance level is at 110.00 which is the 100.00 % fibonacci retracement of the last 21.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
LEADMAS PROPERTIES (LDMS.TA) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 131.000 and 325.000 that was broken up at 105.900 transforming into a supporting line.
LEADMAS PROPERTIES (LDMS.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 131.000 and 325.000 that was broken up at 105.900 transforming into a supporting line.
LEADMAS PROPERTIES (LDMS.TA) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 131.000 and 345.200 that was broken up at 105.900 transforming into a supporting line.
Stock Trading Conclusion:
LEADMAS PROPERTIES (LDMS.TA) was trading in a strong bearish wave, which is becoming stronger .
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 : 110.00, 111.82, 115.49, 118.02, 118.45, 120.50, 121.41, 122.98, 126.04, 131.00,.
Stock Support levels : 104.29, 97.02, -106.11,.
