Stock Technical indicators to notice in DACHA CAPITAL INC. (Tier1) (DAC.V)
1- Last bearish trend was from 0.40 $ (9/17/2010) to 0.37 $ (9/23/2010) a 0.03 $ move 2- The current bullish trend started from 0.37 $ at 9/23/2010 and is currently trading at 0.48 $.
DACHA CAPITAL INC. (Tier1) (DAC.V) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 0.370 and 0.350, and is currently supporting at 0.377.
DACHA CAPITAL INC. (Tier1) (DAC.V) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 0.370 and 0.330, and is currently supporting at 0.373.
DACHA CAPITAL INC. (Tier1) (DAC.V) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 0.330 $ height triangle which was broken up at 0.340, target of the pattern is 0.670.
Stock Trading Conclusion:
DACHA CAPITAL INC. (Tier1) (DAC.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 0.670.
Stock Support levels : 0.454, 0.438, 0.425, 0.412, 0.377, 0.373, 0.370,.
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