Stock Technical indicators to notice in Y.B.S.N.INVESTMENT (YBSN.TA)
1- Last bearish trend was from 554.10 $ (7/17/2007) to 437.30 $ (7/25/2007) a 116.80 $ move 2- The current bullish trend started from 437.30 $ at 7/25/2007 and is currently trading at 494.70 $.
4- YBSN.TA current resistance level is at 495.70 which is the 50.00 % fibonacci retracement of the last 116.80 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Y.B.S.N.INVESTMENT (YBSN.TA) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 437.300 and 493.000,resistance between 554.100 and 579.000 which was broken up at 494.700.
Y.B.S.N.INVESTMENT (YBSN.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 437.300 and 493.000,resistance between 554.100 and 579.000 which was broken up at 494.700.
Y.B.S.N.INVESTMENT (YBSN.TA) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bearish stock channel identifed by support at 437.300 and 493.000,resistance between 554.100 and 579.000 which was broken up at 494.700.
Stock Trading Conclusion:
Y.B.S.N.INVESTMENT (YBSN.TA) was trading in a strong bullish wave, which is becoming stronger .
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 : 495.70, 509.48, 554.10, 585.87, 626.28.
Stock Support levels : 481.92, 481.15, 472.77, 466.00, 464.86, 459.23, 437.30, -400.40,.