Stock Technical indicators to notice in VILLAR INTL (VILR.TA)
1- Last bullish trend was from 3,372.00 $ (12/29/2011) to 3,499.00 $ (1/4/2012) a 127.00 $ move 2- The current bearish trend started from 3,499.00 $ at 1/4/2012 and is currently trading at 3,350.00 $.
4- VILR.TA current resistance level is at 3,372.00 which is the 100.00 % fibonacci retracement of the last 127.00 $ 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.
VILLAR INTL (VILR.TA) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 3,372.000 and 3,480.000,resistance between 3,499.000 and 3,585.000 which was broken up at 3,465.000.
VILLAR INTL (VILR.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 3,320.000 and 3,300.000,resistance between 3,632.000 and 3,600.000 which was broken down at 3,350.000 in higher than usual volume.
VILLAR INTL (VILR.TA) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 3,800.000 and 3,855.000 that was broken up at 3,595.000 transforming into a supporting line.
Stock Trading Conclusion:
VILLAR INTL (VILR.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 : 3,372.00, 3,374.00, 3,385.16, 3,406.92, 3,420.51, 3,424.50, 3,435.50, 3,442.08, 3,450.49, 3,469.03, 3,499.00,.
Stock Support levels : 3,337.46, 3,293.51, 3,133.50,.
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