Stock Technical indicators to notice in YTONG IND (YPYP.TA)
1- Last bearish trend was from 399.10 $ (8/14/2008) to 372.30 $ (8/21/2008) a 26.80 $ move 2- The current bullish trend started from 372.30 $ at 8/21/2008 and is currently trading at 450.00 $.
YTONG IND (YPYP.TA) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 372.300 and 320.600, and is currently supporting at 397.193.
YTONG IND (YPYP.TA) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 372.300 and 320.600, and is currently supporting at 397.193.
YTONG IND (YPYP.TA) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 377.200 and 404.000 that was broken up at 364.000 transforming into a supporting line.
Stock Trading Conclusion:
YTONG IND (YPYP.TA) was trading in a strong 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 : .
Stock Support levels : 431.66, 420.32, 411.15, 401.98, 397.19, 372.30,.