Stock Technical indicators to notice in PANTHEON RESOURCES (P3K.BE)
1- Last bullish trend was from 0.25 $ (3/23/2011) to 0.26 $ (3/31/2011) a 0.01 $ move 2- The current bearish trend started from 0.26 $ at 3/31/2011 and is currently trading at 0.24 $.
PANTHEON RESOURCES (P3K.BE) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.290, and is currently resisting at 0.245.
PANTHEON RESOURCES (P3K.BE) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.320 and 0.340, and is currently resisting at 0.280.
PANTHEON RESOURCES (P3K.BE) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 0.130 $ height triangle which was broken down at 0.300, target of the pattern is 0.170.
Stock Trading Conclusion:
PANTHEON RESOURCES (P3K.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.245, 0.245, 0.248, 0.250, 0.252, 0.260, 0.280, 0.355.
Stock Support levels : 0.170.