Stock Technical indicators to notice in DEQ SYSTEMS CORP. (Tier1) (DEQ.V)
1- Last bullish trend was from 0.33 $ (4/25/2012) to 0.41 $ (5/3/2012) a 0.08 $ move 2- The current bearish trend started from 0.41 $ at 5/3/2012 and is currently trading at 0.37 $.
4- DEQ.V current resistance level is at 0.37 which is the 50.00 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
DEQ SYSTEMS CORP. (Tier1) (DEQ.V) Short term stock chart patterns for internet stock trading :
None.
DEQ SYSTEMS CORP. (Tier1) (DEQ.V) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.330 and 0.250 that was broken down at 0.370 transforming into a resistance line.
DEQ SYSTEMS CORP. (Tier1) (DEQ.V) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.330 and 0.250 that was broken down at 0.370 transforming into a resistance line.
Stock Trading Conclusion:
DEQ SYSTEMS CORP. (Tier1) (DEQ.V) was trading in a strong 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 : 0.379, 0.385, 0.390, 0.391, 0.395, 0.401, 0.410,.
Stock Support levels : 0.361, 0.330, 0.308,.
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