Stock Technical indicators to notice in FALCON VENTURES INTERNATIONAL I (FIX.V)
1- Last bullish trend was from 0.25 $ (4/25/2012) to 0.26 $ (4/27/2012) a 0.01 $ move 2- The current bearish trend started from 0.26 $ at 4/27/2012 and is currently trading at 0.25 $.
4- FIX.V current resistance level is at 0.25 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
6- Bullish Divergance in MACD Indicator .
FALCON VENTURES INTERNATIONAL I (FIX.V) Short term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.250 .
8- The Stock formed a 0.050 $ height triangle which was broken up at 0.250, target of the pattern is 0.300.
FALCON VENTURES INTERNATIONAL I (FIX.V) Mid term stock chart patterns for internet stock trading :
9- The Stock traded in a bearish stock channel identifed by support at 0.250 and 0.340,resistance between 0.300 and 0.390, the stock channel is currently supported from below by 0.199 and resisted from above by 0.268.
FALCON VENTURES INTERNATIONAL I (FIX.V) Long term stock chart patterns for internet stock trading :
10- The Stock traded in a bearish stock channel identifed by support at 0.250 and 0.340,resistance between 0.300 and 0.390, the stock channel is currently supported from below by 0.199 and resisted from above by 0.268.
Stock Trading Conclusion:
FALCON VENTURES INTERNATIONAL I (FIX.V) was trading in a bearish wave, which is becoming stronger .
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 : 0.252, 0.254, 0.255, 0.256, 0.258, 0.260, 0.300.
Stock Support levels : 0.247, 0.244,.
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