Stock Technical indicators to notice in ALLG BAUG PORR PS (POKS.VI)
1- Last bearish trend was from 45.00 $ (3/12/2012) to 35.00 $ (4/18/2012) a 10.00 $ move 2- The current bullish trend started from 35.00 $ at 4/18/2012 and is currently trading at 40.00 $.
4- POKS.VI current resistance level is at 41.18 which is the 61.80 % fibonacci retracement of the last 10.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ALLG BAUG PORR PS (POKS.VI) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 22.000 $ height triangle which was broken up at 40.000, target of the pattern is 62.000.
ALLG BAUG PORR PS (POKS.VI) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 22.000 $ height triangle which was broken up at 40.000, target of the pattern is 62.000.
ALLG BAUG PORR PS (POKS.VI) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 42.000 $ height triangle which was broken up at 40.000, target of the pattern is 82.000.
Stock Trading Conclusion:
ALLG BAUG PORR PS (POKS.VI) was trading in a 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 : 41.18, 45.00, 47.72, 51.18, 62.00, 82.00.
Stock Support levels : 38.82, 38.09, 37.50, 37.36, 36.91, 35.00, 33.97, -88.00,.