Stock Technical indicators to notice in ROSEBUD REAL ESTATE (ROSB.TA)
1- Last bullish trend was from 3.40 $ (1/25/2012) to 3.60 $ (1/26/2012) a 0.20 $ move 2- The current bearish trend started from 3.60 $ at 1/26/2012 and is currently trading at 3.10 $.
ROSEBUD REAL ESTATE (ROSB.TA) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 3.400 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 3.600 .
ROSEBUD REAL ESTATE (ROSB.TA) Mid term stock chart patterns for internet stock trading :
None.
ROSEBUD REAL ESTATE (ROSB.TA) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 3.300 and 3.500,resistance between 3.900 and 4.200 which was broken down at 3.100.
Stock Trading Conclusion:
ROSEBUD REAL ESTATE (ROSB.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 : 3.12, 3.22, 3.29, 3.35, 3.40, 3.41, 3.60,.
Stock Support levels :.