Stock Technical indicators to notice in ADF GROUP INC (DRX.TO)
1- Last bullish trend was from 1.33 $ (5/1/2012) to 1.40 $ (5/4/2012) a 0.07 $ move 2- The current bearish trend started from 1.40 $ at 5/4/2012 and is currently trading at 1.33 $.
4- DRX.TO current resistance level is at 1.33 which is the 100.00 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ADF GROUP INC (DRX.TO) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.120 $ height triangle which was broken down at 1.330, target of the pattern is 1.210.
ADF GROUP INC (DRX.TO) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 1.480 and 1.550 that was broken up at 1.330 transforming into a supporting line.
ADF GROUP INC (DRX.TO) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 1.480 and 1.590 that was broken up at 1.330 transforming into a supporting line.
Stock Trading Conclusion:
ADF GROUP INC (DRX.TO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 1.35, 1.36, 1.37, 1.37, 1.37, 1.38, 1.40,.
Stock Support levels : 1.31, 1.29, 1.24, 1.22,.
Related Stocks
| DALSA CORP COM NPV |
| DESTINY RESOURCE S COM NPV |
| DESCARTES SYSTEMS COM NPV |
| DIVERSITRUST INCOM TRUST UNIT |
| DELTA URANIUM INC |