Stock Technical indicators to notice in PLATINA RESOURCES (P4R.BE)
1- Last bearish trend was from 0.23 $ (3/18/2011) to 0.22 $ (3/21/2011) a 0.01 $ move 2- The current bullish trend started from 0.22 $ at 3/21/2011 and is currently trading at 0.27 $.
PLATINA RESOURCES (P4R.BE) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.100 $ height triangle which was broken up at 0.230, target of the pattern is 0.330 which was broken down at 0.230, target of the pattern is 0.130.
PLATINA RESOURCES (P4R.BE) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.310 and 0.330 that was broken up at 0.240 transforming into a supporting line.
PLATINA RESOURCES (P4R.BE) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 0.210 and 0.290,resistance between 0.370 and 0.400, the stock channel is currently supported from below by 0.167 and resisted from above by 0.278.
Stock Trading Conclusion:
PLATINA RESOURCES (P4R.BE) was trading in a bullish wave, which is becoming weaker .
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 : 0.295, 0.330.
Stock Support levels : 0.258, 0.251, 0.245, 0.239, 0.220, 0.202, 0.130,.