Stock Technical indicators to notice in TEFRON (TFR.TA)
1- Last bullish trend was from 1,399.00 $ (5/6/2009) to 2,047.00 $ (5/11/2009) a 648.00 $ move 2- The current bearish trend started from 2,047.00 $ at 5/11/2009 and is currently trading at 1,748.00 $.
4- TFR.TA current resistance level is at 1,799.46 which is the 38.20 % fibonacci retracement of the last 648.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TEFRON (TFR.TA) Short term stock chart patterns for internet stock trading :
None.
TEFRON (TFR.TA) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1,399.000 and 1,307.000, and is currently supporting at 1,422.000.
TEFRON (TFR.TA) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1,399.000 and 1,307.000, and is currently supporting at 1,422.000.
Stock Trading Conclusion:
TEFRON (TFR.TA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 1,799.46, 1,818.56, 1,862.22, 1,894.07, 1,897.50, 1,932.78, 2,047.00,.
Stock Support levels : 1,723.00, 1,646.54, 1,422.00, 1,399.00, 1,222.74,.
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