Today we'll analyze the Stock EBAY for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 26.70$ (03/13/08) to 25.77$ (03/17/08) a 0.93$ move
2- The current bullish trend started from 25.77$ at 03/17/08 and is currently trading at 29.40$.
3- According to ADX, the trend is currently bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :
4- The Stock formed Double Bottom Pattern at 25.77.
5- The Stock formed Double Top Pattern at 26.7 that failed, and formed a support .
6- The Stock formed a 1.02$ height triangle which was broken up at 27.55 in higher than usual volume, target of the pattern is 28.57.
Mid term chart patterns :
7- The Stock formed Double Top Pattern at 28.81 that failed, and formed a support .
8- The Stock traded in a bearish channel identifed by support at 25.72 and 26.12, resistance between 28.81 and 28.94 which was broken up at 28.6 in higher than usual volume.
Long term chart patterns :
9- The Stock was resisted by a resistance line, identified by two points: 28.81 and 34.49 that was broken up at 28.07 transforming into a supporting line.
Conclusion:
EBAY was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.
Resistance Levels: 34.49, 34.58.
Support Levels: 28.54, 28.26, 28.01, 27.58, 27.16, 26.65, 25.82, 25.77,.
Wednesday, March 26, 2008
eBay Inc (EBAY) Technical Analysis
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
to get back to main page click here .
Google (GOOG) Technical Analysis
Today we'll analyze the Stock GOOG for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 443.01$ (03/13/08) to 419.87$ (03/17/08) a 23.14$ move
2- The current bullish trend started from 419.87$ at 03/17/08 and is currently trading at 450.78$.
3- The stock current support level is at 449.30 which is the 127.20% fibonacci retracement of the last 23.14$ move.
4- The stock current resistance level is at 457.31 which is the 161.80% fibonacci retracement of the last 23.14$ move.
5- According to ADX, the trend is currently strong bearish,which is becoming weaker.
Short term chart patterns :
6- The Stock formed a 121$ height triangle which was broken up at 439.16 in higher than usual volume, target of the pattern is 560.16.
Mid term chart patterns :
7- The Stock was resisted by a resistance line, identified by two points: 534.62 and 710.84 that was broken up at 439.84 transforming into a supporting line.
Long term chart patterns :
8- The Stock was resisted by a resistance line, identified by two points: 718.42 and 741.79, and is currently resisting at 646.278.
Conclusion:
GOOG was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .
Resistance Levels: 457.31, 560.16, 646.28.
Support Levels: 449.30, 443.49, 443.01, 438.97, 435.32, 434.17, 431.68, 431.44, 428.71, 425.33, 419.87, 410.95,.
Apple Inc. (AAPL)
Today we'll analyze the Stock AAPL for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 199.83$ (12/28/07) to 119.46$ (02/22/08) a 80.37$ move
2- The current bullish trend started from 119.46$ at 02/22/08 and is currently trading at 139.53$.
3- The stock current support level is at 138.43 which is the 23.60% fibonacci retracement of the last 80.37$ move.
4- The stock current resistance level is at 150.16 which is the 38.20% fibonacci retracement of the last 80.37$ move.
5- According to ADX, the trend is currently strong bearish,which is becoming weaker.
Short term chart patterns :
None.
Mid term chart patterns :
None.
Long term chart patterns :
None.
Conclusion:
AAPL was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: 150.16, 159.65, 169.13, 199.83, 221.69, 249.50.
Support Levels: 138.43, 134.79, 131.86, 129.49, 127.13, 119.46,.
Sirius Satellite Radio Inc. (SIRI)
Today we'll analyze the Stock SIRI for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 2.88$ (03/12/08) to 2.69$ (03/17/08) a 0.19$ move
2- The current bullish trend started from 2.69$ at 03/17/08 and is currently trading at 3.15$.
3- According to ADX, the trend is currently bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
4- Bearish Divergance in MACD.
Short term chart patterns :
5- The Stock formed a 0.39$ height triangle which was broken up at 2.9 in higher than usual volume, target of the pattern is 3.29.
Mid term chart patterns :
6- The Stock formed a 0.65$ height triangle which was broken up at 2.9 in higher than usual volume, target of the pattern is 3.55.
Long term chart patterns :
7- The Stock formed Double Bottom Pattern at 2.66.
8- The Stock formed a 1.18$ height triangle which was broken up at 3.15 in higher than usual volume, target of the pattern is 4.33.
Conclusion:
SIRI was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.
Resistance Levels: 3.29, 3.55, 4.33.
Support Levels: 3.04, 2.97, 2.92, 2.89, 2.87, 2.77, 2.77, 2.69,.
Monday, March 24, 2008
Fuqi International, Inc. (FUQI) Technical Analysis
Today we'll analyze the Stock FUQI for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 6.90$ (03/11/08) to 6.10$ (03/17/08) a 0.80$ move
2- The current bullish trend started from 6.10$ at 03/17/08 and is currently trading at 6.78$.
3- The stock current support level is at 6.59 which is the 61.80% fibonacci retracement of the last 0.80$ move.
4- The stock current resistance level is at 6.90 which is the 100.00% fibonacci retracement of the last 0.80$ move.
5- According to ADX, the trend is currently strong bearish, which is getting stronger.
Short term chart patterns :
6- The Stock formed Double Bottom Pattern at 6.1.
7- The Stock formed a 1.01$ height triangle which was broken up at 6.78 in higher than usual volume, target of the pattern is 7.79.
Mid term chart patterns :
8- The Stock formed Double Bottom Pattern at 6.1.
9- The Stock formed a 4.01$ height triangle which was broken up at 6.53, target of the pattern is 10.54.
Long term chart patterns :
10- The Stock formed Double Bottom Pattern at 6.1.
11- The Stock formed a 4.01$ height triangle which was broken up at 6.53, target of the pattern is 10.54.
Conclusion:
FUQI was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .
Resistance Levels: 6.90, 7.12, 7.39, 7.79, 10.54,.
Support Levels: 6.62, 6.59, 6.52, 6.50, 6.50, 6.44, 6.41, 6.36, 6.29, 6.10, 6.09, 5.49,.
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
to get back to main page click here .
China Fire & Security Group, Inc.(CFSG) Technical Analysis
Today we'll analyze the Stock CFSG for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 10.41$ (02/08/08) to 12.50$ (02/15/08) a 2.09$ move
2- The current bearish trend started from 12.50$ at 02/15/08 and is currently trading at 5.96$.
3- According to ADX, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :
4- The Stock was resisted by a resistance line, identified by two points: 12.5 and 12.59, and is currently resisting at 12.428.
Mid term chart patterns :
5- The Stock was resisted by a resistance line, identified by two points: 12.5 and 15.2, and is currently resisting at 11.42.
Long term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 12.5 and 15.2, and is currently resisting at 11.42.
Conclusion:
CFSG was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.
Resistance Levels: 7.50, 8.46, 9.23, 10.00, 11.42, 12.43, 12.50.
Support Levels: .
AURUS CORP (AURC) Technical Analysis
Today we'll analyze the Stock AURC for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 0.01$ (02/15/08) to 0.02$ (02/29/08) a 0.01$ move
2- The current bearish trend started from 0.02$ at 02/29/08 and is currently trading at 0.01$.
3- The stock current support level is at 0.01 which is the 127.20% fibonacci retracement of the last 0.01$ move.
4- The stock current resistance level is at 0.01 which is the 100.00% fibonacci retracement of the last 0.01$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.
Short term chart patterns :
6- The Stock traded in a bearish channel identifed by support at 0.01 and 0.03, resistance between 0.02 and 0.04, the channel is currently supported from below by -0.01 and resisted from above by 0.01.
Mid term chart patterns :
7- The Stock traded in a bearish channel identifed by support at 0.01 and 0.03, resistance between 0.02 and 0.04, the channel is currently supported from below by -0.01 and resisted from above by 0.01.
Long term chart patterns :
8- The Stock traded in a bearish channel identifed by support at 0.01 and 0.03, resistance between 0.02 and 0.04, the channel is currently supported from below by -0.01 and resisted from above by 0.01.
Conclusion:
AURC was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: 0.012, 0.014, 0.015, 0.016, 0.018, 0.020, 0.060, 0.120.
Support Levels: 0.007,.
First American Scientific Corp (FASC) Technical Analysis
Today we'll analyze the Stock FASC for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 0.02$ (02/15/08) to 0.01$ (02/22/08) a 0.01$ move
2- The current bullish trend started from 0.01$ at 02/22/08 and is currently trading at 0.02$.
3- The stock current support level is at 0.02 which is the 100.00% fibonacci retracement of the last 0.01$ move.
4- The stock current resistance level is at 0.02 which is the 127.20% fibonacci retracement of the last 0.01$ move.
5- According to ADX, the trend is currently strong bearish, which is getting stronger.
6- Bullish Divergance in MACD.
Short term chart patterns :
7- The Stock formed Double Bottom Pattern at 0.01.
8- The Stock formed a 0.02$ height triangle which was broken up at 0.02 in higher than usual volume, target of the pattern is 0.04.
Mid term chart patterns :
9- The Stock formed Double Bottom Pattern at 0.01.
10- The Stock formed a 0.02$ height triangle which was broken up at 0.02 in higher than usual volume, target of the pattern is 0.04.
Long term chart patterns :
11- The Stock formed Double Bottom Pattern at 0.01.
12- The Stock formed a 0.02$ height triangle which was broken up at 0.02 in higher than usual volume, target of the pattern is 0.04.
Conclusion:
FASC was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .
Resistance Levels: 0.023, 0.026, 0.040, 0.050, 0.060,.
Support Levels: 0.019, 0.018, 0.016, 0.015, 0.014, 0.012, 0.010,.
NVIDIA Corporation (NVDA) Technical Analysis
Today we'll analyze the Stock NVDA for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 24.84$ (01/18/08) to 26.86$ (02/01/08) a 2.02$ move
2- The current bearish trend started from 26.86$ at 02/01/08 and is currently trading at 18.52$.
3- According to ADX, the trend is currently strong bearish, which is getting stronger.
Short term chart patterns :
4- The Stock was resisted by a resistance line, identified by two points: 26.86 and 35.16 that was broken up at 18.52 transforming into a supporting line.
Mid term chart patterns :
5- The Stock was resisted by a resistance line, identified by two points: 26.86 and 35.16 that was broken up at 18.52 transforming into a supporting line.
Long term chart patterns :
6- The Stock formed a 18.49$ height triangle which was broken down at 30 in higher than usual volume, target of the pattern is 11.51.
Conclusion:
NVDA was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: 20.49, 21.71, 22.69, 23.67, 26.86, 35.57.
Support Levels: 17.18,.
Hardinge Inc. (HDNG) Technical Analysis
Today we'll analyze the Stock HDNG for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 13.14$ (03/07/08) to 12.23$ (03/14/08) a 0.91$ move
2- The current bullish trend started from 12.23$ at 03/14/08 and is currently trading at 13.09$.
3- The stock current support level is at 12.79 which is the 61.80% fibonacci retracement of the last 0.91$ move.
4- The stock current resistance level is at 13.14 which is the 100.00% fibonacci retracement of the last 0.91$ move.
5- According to ADX, the trend is currently strong bearish, which is getting stronger.
Short term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 13.14 and 17.01 that was broken up at 13.09 transforming into a supporting line.
Mid term chart patterns :
None.
Long term chart patterns :
7- The Stock formed Double Bottom Pattern at 14.09 that failed and formed a resistance.
Conclusion:
HDNG was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .
Resistance Levels: 13.14, 13.39, 13.70, 14.09, 35.45.
Support Levels: 12.89, 12.79, 12.76, 12.68, 12.66, 12.58, 12.56, 12.44, 12.23,.
AmeriCredit Corp. (ACF) Technical Analysis
Today we'll analyze the Stock ACF for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 11.57$ (03/07/08) to 12.15$ (03/14/08) a 0.58$ move
2- The current bearish trend started from 12.15$ at 03/14/08 and is currently trading at 11.07$.
3- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :
4- The Stock was resisted by a resistance line, identified by two points: 12.15 and 14.38 that was broken up at 11.07 transforming into a supporting line.
Mid term chart patterns :
None.
Long term chart patterns :
5- The Stock formed Double Bottom Pattern at 10.45.
Conclusion:
ACF was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .
Resistance Levels: 11.32, 11.48, 11.61, 11.74, 12.15.
Support Levels: 11.03,.
Barrick Gold Corporation (USA) (ABX) Technical Analysis
Today we'll analyze the Stock ABX for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 47.59$ (02/15/08) to 53.31$ (03/14/08) a 5.72$ move
2- The current bearish trend started from 53.31$ at 03/14/08 and is currently trading at 42.00$.
3- According to ADX, the trend is currently strong bearish,which is becoming weaker.
Short term chart patterns :
4- The Stock was supported by a support line, identified by two points: 47.59 and 46.73 that was broken down at 42 transforming into a resistance line.
Mid term chart patterns :
5- The Stock was supported by a support line, identified by two points: 47.59 and 46.73 that was broken down at 42 transforming into a resistance line.
Long term chart patterns :
6- The Stock traded in a bullish channel identifed by support at 38 and 30.41, resistance between 53.31 and 45.45 which was broken down at 42 in higher than usual volume.
Conclusion:
ABX was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .
Resistance Levels: 44.25, 44.67, 46.32, 47.65, 48.67, 48.99, 53.31.
Support Levels: .
MEMC Electronic Materials, Inc. (WFR) Technical Analysis
Today we'll analyze the Stock WFR for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 81.55$ (02/22/08) to 74.11$ (03/07/08) a 7.44$ move
2- The current bullish trend started from 74.11$ at 03/07/08 and is currently trading at 81.79$.
3- The stock current support level is at 81.55 which is the 100.00% fibonacci retracement of the last 7.44$ move.
4- The stock current resistance level is at 83.57 which is the 127.20% fibonacci retracement of the last 7.44$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :
6- The Stock formed a 25.4$ height triangle which was broken up at 81.05 in higher than usual volume, target of the pattern is 106.45.
Mid term chart patterns :
7- The Stock formed a 25.4$ height triangle which was broken up at 81.05 in higher than usual volume, target of the pattern is 106.45.
Long term chart patterns :
8- The Stock formed a 25.4$ height triangle which was broken up at 81.05 in higher than usual volume, target of the pattern is 106.45.
Conclusion:
WFR was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.
Resistance Levels: 83.57, 86.15, 106.45,.
Support Levels: 81.55, 79.98, 78.86, 78.71, 77.95, 77.83, 77.25, 77.04, 76.95, 75.87, 74.11,.
U S SUSTAINABLE ENERGY CORP (USSE) Technical Analysis
Today we'll analyze the Stock USSE for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 0.03$ (02/22/08) to 0.04$ (02/29/08) a 0.01$ move
2- The current bearish trend started from 0.04$ at 02/29/08 and is currently trading at 0.03$.
3- The stock current support level is at 0.03 which is the 127.20% fibonacci retracement of the last 0.01$ move.
4- The stock current resistance level is at 0.03 which is the 100.00% fibonacci retracement of the last 0.01$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.
Short term chart patterns :
6- The Stock formed Double Top Pattern at 0.04.
7- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Mid term chart patterns :
8- The Stock formed Double Top Pattern at 0.04.
9- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Long term chart patterns :
10- The Stock formed Double Top Pattern at 0.04.
11- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Conclusion:
USSE was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .
Resistance Levels: 0.032, 0.034, 0.035, 0.036, 0.036, 0.038, 0.040, 0.110, 0.190.
Support Levels: 0.027, 0.024,
U S SUSTAINABLE ENERGY CORP (USSE) Technical Analysis
Today we'll analyze the Stock USSE for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 0.03$ (02/22/08) to 0.04$ (02/29/08) a 0.01$ move
2- The current bearish trend started from 0.04$ at 02/29/08 and is currently trading at 0.03$.
3- The stock current support level is at 0.03 which is the 127.20% fibonacci retracement of the last 0.01$ move.
4- The stock current resistance level is at 0.03 which is the 100.00% fibonacci retracement of the last 0.01$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.
Short term chart patterns :
6- The Stock formed Double Top Pattern at 0.04.
7- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Mid term chart patterns :
8- The Stock formed Double Top Pattern at 0.04.
9- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Long term chart patterns :
10- The Stock formed Double Top Pattern at 0.04.
11- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Conclusion:
USSE was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .
Resistance Levels: 0.032, 0.034, 0.035, 0.036, 0.036, 0.038, 0.040, 0.110, 0.190.
Support Levels: 0.027, 0.024,
Synaptics, Incorporated (SYNA) Technical Analysis
Today we'll analyze the Stock SYNA for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 24.07$ (01/25/08) to 30.01$ (02/15/08) a 5.94$ move
2- The current bearish trend started from 30.01$ at 02/15/08 and is currently trading at 24.69$.
3- The stock current support level is at 24.07 which is the 100.00% fibonacci retracement of the last 5.94$ move.
4- The stock current resistance level is at 26.34 which is the 61.80% fibonacci retracement of the last 5.94$ move.
5- According to ADX, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 30.01 and 60.07 that was broken up at 26.79 transforming into a supporting line.
Mid term chart patterns :
7- The Stock was resisted by a resistance line, identified by two points: 30.01 and 60.07 that was broken up at 26.79 transforming into a supporting line.
Long term chart patterns :
8- The Stock formed a 36.51$ height triangle which was broken up at 26.79, target of the pattern is 63.3.
Conclusion:
SYNA was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.
Resistance Levels: 25.95, 26.34, 26.72, 27.04, 27.35, 27.74, 27.98, 28.61, 30.01, 63.30.
Support Levels: 24.07, 22.45, 20.40, 19.99,.
Puget Energy, Inc. (PSD) Technical Analysis
Today we'll analyze the Stock PSD for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 27.86$ (12/21/07) to 25.94$ (01/25/08) a 1.92$ move
2- The current bullish trend started from 25.94$ at 01/25/08 and is currently trading at 26.44$.
3- The stock current support level is at 26.39 which is the 23.60% fibonacci retracement of the last 1.92$ move.
4- The stock current resistance level is at 26.67 which is the 38.20% fibonacci retracement of the last 1.92$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :
6- The Stock formed Double Top Pattern at 27.86.
Mid term chart patterns :
7- The Stock was supported by a support line, identified by two points: 22.69 and 18.55, and is currently supporting at 24.3164.
Long term chart patterns :
8- The Stock traded in a bullish channel identifed by support at 22.69 and 18.55, resistance between 25.71 and 21.33, the channel is currently supported from below by 24.3164 and resisted from above by 27.9952.
Conclusion:
PSD was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .
Resistance Levels: 26.67, 26.90, 27.13, 27.71, 27.83, 27.86, 28.38, 29.05.
Support Levels: 26.39, 26.32, 26.25, 26.19, 26.13, 25.94, 24.32,.
Medicure Inc. (USA) (MCU) Technical Analysis
Today we'll analyze the Stock MCU for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 0.84$ (01/18/08) to 0.93$ (02/08/08) a 0.09$ move
2- The current bearish trend started from 0.93$ at 02/08/08 and is currently trading at 0.07$.
3- According to ADX, the trend is currently bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :
4- The Stock was resisted by a resistance line, identified by two points: 0.93 and 1, and is currently resisting at 0.86.
Mid term chart patterns :
5- The Stock was resisted by a resistance line, identified by two points: 0.93 and 1, and is currently resisting at 0.86.
Long term chart patterns :
6- The Stock formed a 0.27$ height triangle which was broken down at 0.88 in higher than usual volume, target of the pattern is 0.61.
Conclusion:
MCU was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.
Resistance Levels: 0.273, 0.399, 0.500, 0.601, 0.860, 0.930, 0.981, 1.000.
Support Levels: .
Pool Corporation (POOL) Technical Analysis
Today we'll analyze the Stock POOL for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 18.94$ (02/29/08) to 19.95$ (03/07/08) a 1.01$ move
2- The current bearish trend started from 19.95$ at 03/07/08 and is currently trading at 18.94$.
3- The stock current support level is at 18.67 which is the 127.20% fibonacci retracement of the last 1.01$ move.
4- The stock current resistance level is at 18.94 which is the 100.00% fibonacci retracement of the last 1.01$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD.
Short term chart patterns :
7- The Stock formed a 6.16$ height triangle which was broken up at 19.25, target of the pattern is 25.41 which was broken down at 19.25, target of the pattern is 13.09.
Mid term chart patterns :
8- The Stock was resisted by a resistance line, identified by two points: 24.04 and 26.61, and is currently resisting at 22.9156.
Long term chart patterns :
9- The Stock was resisted by a resistance line, identified by two points: 24.04 and 41.73, and is currently resisting at 20.2876.
Conclusion:
POOL was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .
Resistance Levels: 19.18, 19.33, 19.44, 19.47, 19.56, 19.71, 19.95, 20.29, 22.92, 25.41, 33.29.
Support Levels: 18.67, 18.32, 18.31,.
MGM MIRAGE (MGM) Technical Analysis
Today we'll analyze the Stock MGM for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 73.85$ (02/01/08) to 59.53$ (03/07/08) a 14.32$ move
2- The current bullish trend started from 59.53$ at 03/07/08 and is currently trading at 61.81$.
3- The stock current support level is at 59.53 which is the 0.00% fibonacci retracement of the last 14.32$ move.
4- The stock current resistance level is at 62.91 which is the 23.60% fibonacci retracement of the last 14.32$ move.
5- According to ADX, the trend is currently strong bearish, which is getting stronger.
Short term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 73.85 and 92.69 that was broken up at 62.34 transforming into a supporting line.
Mid term chart patterns :
7- The Stock traded in a bearish channel identifed by support at 67.99 and 86.5, resistance between 73.85 and 92.69 which was broken up at 62.34.
Long term chart patterns :
8- The Stock traded in a bullish channel identifed by support at 70.09 and 62.8, resistance between 96.4 and 88.32 which was broken down at 73 in higher than usual volume.
Conclusion:
MGM was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .
Resistance Levels: 62.91, 65.00, 66.69, 68.38, 73.85, 77.75, 82.70, 87.47.
Support Levels: 61.27, 60.94, 60.67, 60.40, 59.53, 57.36,.
CytRx Corporation (CYTR) Technical Analysis
Today we'll analyze the Stock CYTR for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 1.71$ (02/15/08) to 1.77$ (02/22/08) a 0.06$ move
2- The current bearish trend started from 1.77$ at 02/22/08 and is currently trading at 1.19$.
3- According to ADX, the trend is currently strong bearish, which is getting stronger.
Short term chart patterns :
4- The Stock was resisted by a resistance line, identified by two points: 1.77 and 1.95, and is currently resisting at 1.41.
Mid term chart patterns :
5- The Stock was resisted by a resistance line, identified by two points: 1.95 and 2.09, and is currently resisting at 1.74.
Long term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 1.95 and 2.09, and is currently resisting at 1.74.
Conclusion:
CYTR was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: 1.33, 1.41, 1.41, 1.48, 1.55, 1.74, 1.77, 3.39.
Support Levels: .
Evergreen Energy Inc. (EEE) Technical Analysis
Today we'll analyze the Stock EEE for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 1.15$ (01/18/08) to 2.36$ (02/08/08) a 1.21$ move
2- The current bearish trend started from 2.36$ at 02/08/08 and is currently trading at 1.35$.
3- The stock current support level is at 1.15 which is the 100.00% fibonacci retracement of the last 1.21$ move.
4- The stock current resistance level is at 1.61 which is the 61.80% fibonacci retracement of the last 1.21$ move.
5- According to ADX, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD.
Short term chart patterns :
7- The Stock was resisted by a resistance line, identified by two points: 2.36 and 2.68, and is currently resisting at 2.08571.
Mid term chart patterns :
8- The Stock was resisted by a resistance line, identified by two points: 2.36 and 3.69, and is currently resisting at 1.562.
Long term chart patterns :
9- The Stock was resisted by a resistance line, identified by two points: 2.36 and 3.69, and is currently resisting at 1.562.
Conclusion:
EEE was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .
Resistance Levels: 1.56, 1.59, 1.61, 1.74, 1.75, 1.86, 1.90, 1.97, 2.07, 2.09, 2.36,.
Support Levels: 1.15, 0.82,.
DAKSHIDIN CORP (DKSC) Technical Analysis
Today we'll analyze the Stock DKSC for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 0.12$ (02/08/08) to 0.19$ (02/29/08) a 0.07$ move
2- The current bearish trend started from 0.19$ at 02/29/08 and is currently trading at 0.14$.
3- The stock current support level is at 0.12 which is the 100.00% fibonacci retracement of the last 0.07$ move.
4- The stock current resistance level is at 0.15 which is the 61.80% fibonacci retracement of the last 0.07$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 0.19 and 0.23, and is currently resisting at 0.17.
Mid term chart patterns :
7- The Stock traded in a bearish channel identifed by support at 0.12 and 0.25, resistance between 0.19 and 0.35, the channel is currently supported from below by 0.055 and resisted from above by 0.155714.
Long term chart patterns :
8- The Stock traded in a bearish channel identifed by support at 0.12 and 0.25, resistance between 0.19 and 0.35, the channel is currently supported from below by 0.055 and resisted from above by 0.155714.
Conclusion:
DKSC was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: 0.147, 0.152, 0.155, 0.159, 0.163, 0.165, 0.170, 0.171, 0.173, 0.190,.
Support Levels: 0.120, 0.101,.
Aastrom Biosciences, Inc. (ASTM) Technical Analysis
Today we'll analyze the Stock ASTM for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 0.38$ (03/11/08) to 0.48$ (03/13/08) a 0.10$ move
2- The current bearish trend started from 0.48$ at 03/13/08 and is currently trading at 0.39$.
3- The stock current support level is at 0.38 which is the 100.00% fibonacci retracement of the last 0.10$ move.
4- The stock current resistance level is at 0.42 which is the 61.80% fibonacci retracement of the last 0.10$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 0.48 and 0.52, and is currently resisting at 0.44.
Mid term chart patterns :
7- The Stock was resisted by a resistance line, identified by two points: 0.48 and 0.71, and is currently resisting at 0.427727.
Long term chart patterns :
8- The Stock was resisted by a resistance line, identified by two points: 0.48 and 0.76, and is currently resisting at 0.426154.
Conclusion:
ASTM was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: 0.411, 0.418, 0.424, 0.426, 0.428, 0.430, 0.435, 0.440, 0.442, 0.446, 0.456, 0.480,.
Support Levels: 0.380, 0.353,.
Capstone Turbine Corporation (CPST) Technical Analysis
Today we'll analyze the Stock CPST for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 1.46$ (02/01/08) to 2.09$ (03/07/08) a 0.63$ move
2- The current bearish trend started from 2.09$ at 03/07/08 and is currently trading at 1.84$.
3- The stock current support level is at 1.77 which is the 50.00% fibonacci retracement of the last 0.63$ move.
4- The stock current resistance level is at 1.85 which is the 38.20% fibonacci retracement of the last 0.63$ move.
5- According to ADX, the trend is currently strong bullish, which is getting stronger.
Short term chart patterns :
6- The Stock was supported by a support line, identified by two points: 1.46 and 1.41, and is currently supporting at 1.635.
Mid term chart patterns :
7- The Stock was supported by a support line, identified by two points: 1.41 and 1.07, and is currently supporting at 1.665.
Long term chart patterns :
8- The Stock was supported by a support line, identified by two points: 1.41 and 1.07, and is currently supporting at 1.665.
Conclusion:
CPST was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: 1.85, 1.90, 1.94, 1.94, 1.96, 1.99, 1.99, 2.09,.
Support Levels: 1.77, 1.70, 1.66, 1.64, 1.46, 1.29, 1.07, 0.99,.
Garmin Ltd. (GRMN) Technical Analysis
Today we'll analyze the Stock GRMN for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 56.97$ (03/14/08) to 61.09$ (03/18/08) a 4.12$ move
2- The current bearish trend started from 61.09$ at 03/18/08 and is currently trading at 60.13$.
3- The stock current support level is at 60.12 which is the 23.60% fibonacci retracement of the last 4.12$ move.
4- The stock current resistance level is at 61.09 which is the 0.00% fibonacci retracement of the last 4.12$ move.
5- According to ADX, the trend is currently strong bearish,which is becoming weaker.
Short term chart patterns :
6- The Stock was supported by a support line, identified by two points: 56.97 and 53.1 that was broken down at 59.16 transforming into a resistance line.
Mid term chart patterns :
7- The Stock was resisted by a resistance line, identified by two points: 69.5 and 72.15, and is currently resisting at 64.6417.
Long term chart patterns :
8- The Stock was resisted by a resistance line, identified by two points: 69.5 and 72.15, and is currently resisting at 64.6417.
Conclusion:
GRMN was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .
Resistance Levels: 60.36, 60.50, 60.61, 60.72, 60.84, 61.09, 64.64,.
Support Levels: 60.12, 59.52, 59.03, 58.54, 56.97, 55.85,.
Asure Software (ASUR) Technical Analysis
Today we'll analyze the Stock ASUR for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 0.67$ (02/15/08) to 0.80$ (02/29/08) a 0.13$ move
2- The current bearish trend started from 0.80$ at 02/29/08 and is currently trading at 0.51$.
3- According to ADX, the trend is currently bearish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :
None.
Mid term chart patterns :
4- The Stock was resisted by a resistance line, identified by two points: 0.8 and 0.85, and is currently resisting at 0.78125.
Long term chart patterns :
5- The Stock was resisted by a resistance line, identified by two points: 0.8 and 1.37, and is currently resisting at 0.686.
Conclusion:
ASUR was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.
Resistance Levels: 0.578, 0.621, 0.655, 0.686, 0.689, 0.781, 0.800.
Support Levels: .
AFLAC Incorporated (AFL) Technical Analysis
Today we'll analyze the Stock AFL for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 63.20$ (02/22/08) to 61.21$ (03/14/08) a 1.99$ move
2- The current bullish trend started from 61.21$ at 03/14/08 and is currently trading at 64.15$.
3- The stock current support level is at 63.74 which is the 127.20% fibonacci retracement of the last 1.99$ move.
4- The stock current resistance level is at 64.43 which is the 161.80% fibonacci retracement of the last 1.99$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD.
Short term chart patterns :
7- The Stock formed a 5.66$ height triangle which was broken up at 64.15 in higher than usual volume, target of the pattern is 69.81.
Mid term chart patterns :
8- The Stock traded in a bullish channel identifed by support at 59.37 and 42.13, resistance between 65.03 and 47.32, the channel is currently supported from below by 61.4388 and resisted from above by 67.0425.
Long term chart patterns :
9- The Stock was supported by a support line, identified by two points: 42.13 and 34.35, and is currently supporting at 51.6013.
Conclusion:
AFL was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .
Resistance Levels: 64.43, 69.81.
Support Levels: 63.74, 63.46, 63.20, 63.03, 62.68, 62.44, 62.33, 62.21, 61.98, 61.97, 61.68, 61.21,.
