Stock Technical indicators to notice in BK LEUMI INS (LUMI.TA)
1- Last bearish trend was from 1,249.00 $ (3/27/2012) to 1,151.00 $ (4/23/2012) a 98.00 $ move 2- The current bullish trend started from 1,151.00 $ at 4/23/2012 and is currently trading at 1,191.00 $.
4- LUMI.TA current resistance level is at 1,200.00 which is the 50.00 % fibonacci retracement of the last 98.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
BK LEUMI INS (LUMI.TA) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1,151.000 and 1,060.000, and is currently supporting at 1,171.682.
BK LEUMI INS (LUMI.TA) Mid term stock chart patterns for internet stock trading :
None.
BK LEUMI INS (LUMI.TA) Long term stock chart patterns for internet stock trading :
7- The Stock formed a 296.000 $ height triangle which was broken up at 1,173.000 in higher than usual volume, target of the pattern is 1,469.000.
Stock Trading Conclusion:
BK LEUMI INS (LUMI.TA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 1,200.00, 1,211.56, 1,249.00, 1,275.66, 1,309.56, 1,469.00.
Stock Support levels : 1,188.44, 1,181.56, 1,175.72, 1,174.13, 1,171.68, 1,171.00, 1,166.28, 1,165.89, 1,151.00,.