Stock Technical indicators to notice in EAST WEST RESOURCES (EK7.BE)
1- Last bearish trend was from 0.38 $ (3/10/2011) to 0.36 $ (3/21/2011) a 0.02 $ move 2- The current bullish trend started from 0.36 $ at 3/21/2011 and is currently trading at 0.40 $.
EAST WEST RESOURCES (EK7.BE) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 0.360 and 0.350, and is currently supporting at 0.367.
EAST WEST RESOURCES (EK7.BE) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.410 and 0.420 that was broken up at 0.370 transforming into a supporting line.
EAST WEST RESOURCES (EK7.BE) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.330 and 0.010 that was broken down at 0.370 transforming into a resistance line.
Stock Trading Conclusion:
EAST WEST RESOURCES (EK7.BE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.411.
Stock Support levels : 0.391, 0.385, 0.380, 0.375, 0.367, 0.365, 0.360,.
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