ALLIED NEVADA GOLD CORP (AMEX: ANV) (AMEX:ANV) Stock Research Trends Targets and Technical Analysis - AMEX American exchange [en]

Today we will analyze the stock ALLIED NEVADA GOLD CORP (ANV) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in ALLIED NEVADA GOLD CORP (ANV)
1- Last bearish trend was from 14.49 $ (2/16/2010) to 13.30 $ (2/24/2010) a 1.19 $ move 2- The current bullish trend started from 13.30 $ at 2/24/2010 and is currently trading at 15.18 $. 3- ANV current support level is at 14.81 which is the 127.20 % fibonacci retracement of the last 1.19 $ move.
4- ANV current resistance level is at 15.23 which is the 161.80 % fibonacci retracement of the last 1.19 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ALLIED NEVADA GOLD CORP (ANV) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 13.300 and 12.180,resistance between 14.490 and 13.700, the stock channel is currently supported from below by 14.248 and resisted from above by 15.833.
ALLIED NEVADA GOLD CORP (ANV) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 13.300 and 12.180,resistance between 14.490 and 13.700, the stock channel is currently supported from below by 14.248 and resisted from above by 15.833.
ALLIED NEVADA GOLD CORP (ANV) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ALLIED NEVADA GOLD CORP (ANV) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock 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 in online trading. .

Stock Resistance Levels : 15.23.
Stock Support levels : 14.81, 14.74, 14.49, 14.46, 14.24, 14.04, 14.02, 13.90, 13.75, 13.58, 13.30,.