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AF Stock Chart,
Multiple Resistance


Astoria Financial Price, AF Stock Chart


Astoria Financial Corporation Stock Chart
  • Astoria Financial Corporation - Scanning their stock chart last week, I spotted a down trend selling signal. By the end of June-2010, the 3 selling signals had developed into a 3-month-old resistance.

  • Trend Line A Resistance - It’s obviously been pushing prices lower, lower, and lower in the last 3 months. Meaning? It’s been attracting Dutch stock investors to sell. Is it likely to become the next selling point?

  • The Bottom Line - Technically, unless Astoria Financial Corporation stock price can move above the fresh down trend resistance line, sellers are likely to keep selling. This is another example of stock market resistance.


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    Three Stock Resistance


  • PSEI Index - Charting the PSEI Index, I found myself thinking about all the selling signals in the Philippine’s stock market. So interesting how they appear, where they appear, and the way the appeared in charts.

  • Mexico IPC Index - IPC Index with an interesting up trend resistance line. It has been around for 9 long months, attracting, and motivating MXX stock index sellers. Are Mexican stock market traders likely to trade it again?

  • IBEX 35 Index - IBEX 35 Index is a very important part of the Spanish stock market. How about seeing behind the IBEX 35 stock index? Behind the stock index of Spain, I saw a new down trend resistance line for sellers.


    Three Stock Charts


  • Italy MIB Index - MIB Index of Italy is an irresistible stock market to follow. Why? FTSE MIB stock index is consistently sending investment signals. Secret signals like where to sell your stocks and take your profits.

  • Argentine Merval Index - Argentina’s Merval Index, demonstrating another up trend resistance. How do Argentinean stock market investors identify it? How Merval Buenos Aires traders use it to take some profits?

  • KOSPI Composite Index - KOSPI Composite Index would rise to the resistance point, and then suddenly pull back. Why? South Korea stock market investors have been using it as a psychological area for taking profits.


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