Stock Technical indicators to notice in CRYPTOLOGIC LTD ORD NPV (CRY.TO)
1- Last bearish trend was from 2.40 $ (1/26/2012) to 2.30 $ (2/1/2012) a 0.10 $ move 2- The current bullish trend started from 2.30 $ at 2/1/2012 and is currently trading at 2.47 $.
CRYPTOLOGIC LTD ORD NPV (CRY.TO) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 2.400 and 2.500 that was broken up at 2.480 transforming into a supporting line.
CRYPTOLOGIC LTD ORD NPV (CRY.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 2.300 and 1.640, and is currently supporting at 2.336.
CRYPTOLOGIC LTD ORD NPV (CRY.TO) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 1.420 and 1.120,resistance between 1.590 and 1.300 which was broken up at 2.320 in higher than usual volume.
Stock Trading Conclusion:
CRYPTOLOGIC LTD ORD NPV (CRY.TO) 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 : 2.43, 2.41, 2.38, 2.36, 2.34, 2.31, 2.30,.
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