Stock Technical indicators to notice in US URANIUM (3C7.BE)
1- Last bullish trend was from 0.02 $ (3/31/2011) to 0.05 $ (4/1/2011) a 0.03 $ move 2- The current bearish trend started from 0.05 $ at 4/1/2011 and is currently trading at 0.02 $.
4- 3C7.BE current resistance level is at 0.02 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
US URANIUM (3C7.BE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.020 .
US URANIUM (3C7.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.020 .
US URANIUM (3C7.BE) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.020 .
Stock Trading Conclusion:
US URANIUM (3C7.BE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 0.027, 0.031, 0.035, 0.039, 0.040, 0.043, 0.050, 0.050.
Stock Support levels : 0.012,.
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