Stock Technical indicators to notice in CANPLATS RESOURCES (OUF.BE)
1- Last bullish trend was from 1.99 $ (12/18/2009) to 3.36 $ (1/8/2010) a 1.37 $ move 2- The current bearish trend started from 3.36 $ at 1/8/2010 and is currently trading at 3.15 $.
4- OUF.BE current resistance level is at 3.36 which is the 0.00 % fibonacci retracement of the last 1.37 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CANPLATS RESOURCES (OUF.BE) Short term stock chart patterns for internet stock trading :
CANPLATS RESOURCES (OUF.BE) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.990 and 1.340, and is currently supporting at 2.510.
CANPLATS RESOURCES (OUF.BE) Long term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 1.990 and 1.340,resistance between 2.220 and 1.540 which was broken up at 3.310.
Stock Trading Conclusion:
CANPLATS RESOURCES (OUF.BE) was trading in a strong bullish wave, which is becoming weaker .
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 : 3.20, 3.23, 3.26, 3.28, 3.36,.
Stock Support levels : 3.08, 3.04, 2.84, 2.67, 2.51, 2.51, 1.99, 1.62,.
|CONS GOLD WIN|
|CONSOLID GOLD WIN|