Stock Technical indicators to notice in BCE INC 1ST PRF SER’R'CAD25 (BCE-PR.TO)
1- Last bullish trend was from 21.87 $ (10/11/2011) to 24.50 $ (2/14/2012) a 2.63 $ move 2- The current bearish trend started from 24.50 $ at 2/14/2012 and is currently trading at 23.85 $.
4- BCE-PR.TO current resistance level is at 23.88 which is the 23.60 % fibonacci retracement of the last 2.63 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
BCE INC 1ST PRF SER’R'CAD25 (BCE-PR.TO) Short term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 21.870 and 19.430, and is currently supporting at 22.922.
BCE INC 1ST PRF SER’R'CAD25 (BCE-PR.TO) Mid term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 21.870 and 19.430, and is currently supporting at 22.922.
BCE INC 1ST PRF SER’R'CAD25 (BCE-PR.TO) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 21.870 and 16.920, and is currently supporting at 23.337.
Stock Trading Conclusion:
BCE INC 1ST PRF SER’R'CAD25 (BCE-PR.TO) 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 : 23.88, 24.00, 24.10, 24.17, 24.25, 24.50,.
Stock Support levels : 23.50, 23.34, 23.19, 22.92, 22.87, 21.87, 21.15,.
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