Stock Technical indicators to notice in Austral Pacific Energy Ltd. (AEN)
1- Last bearish trend was from 2.16 $ (1/30/2012) to 2.09 $ (1/31/2012) a 0.07 $ move 2- The current bullish trend started from 2.09 $ at 1/31/2012 and is currently trading at 2.30 $.
Austral Pacific Energy Ltd. (AEN) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.520 $ height triangle which was broken up at 2.150, target of the pattern is 2.670 which was broken down at 2.150, target of the pattern is 1.630.
Austral Pacific Energy Ltd. (AEN) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 1.750 and 1.260, and is currently supporting at 1.923.
Austral Pacific Energy Ltd. (AEN) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.750 and 1.140, and is currently supporting at 1.896.
Stock Trading Conclusion:
Austral Pacific Energy Ltd. (AEN) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 2.43, 2.67.
Stock Support levels : 2.25, 2.22, 2.19, 2.17, 2.09, 2.07, 1.92, 1.90,.
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