Stock Technical indicators to notice in JUBILEE PLATINUM (JI5.BE)
1- Last bullish trend was from 0.29 $ (3/30/2011) to 0.30 $ (4/4/2011) a 0.01 $ move 2- The current bearish trend started from 0.30 $ at 4/4/2011 and is currently trading at 0.29 $.
4- JI5.BE current resistance level is at 0.29 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
JUBILEE PLATINUM (JI5.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.330, and is currently resisting at 0.291.
JUBILEE PLATINUM (JI5.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.330 and 0.410 that was broken up at 0.290 transforming into a supporting line.
JUBILEE PLATINUM (JI5.BE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
JUBILEE PLATINUM (JI5.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 0.291, 0.292, 0.294, 0.295, 0.296, 0.298, 0.300, 0.330,.
Stock Support levels : 0.287, 0.284,.
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