Stock Technical indicators to notice in PEDIMENT EXPLORATIO (P5E.BE)
1- Last bearish trend was from 2.00 $ (1/27/2011) to 1.93 $ (1/28/2011) a 0.07 $ move 2- The current bullish trend started from 1.93 $ at 1/28/2011 and is currently trading at 2.05 $.
PEDIMENT EXPLORATIO (P5E.BE) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 1.930 .
5- The Stock formed a 0.170 $ height triangle which was broken up at 2.050 in higher than usual volume, target of the pattern is 2.220.
PEDIMENT EXPLORATIO (P5E.BE) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.930 and 1.330, and is currently supporting at 1.948.
PEDIMENT EXPLORATIO (P5E.BE) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
PEDIMENT EXPLORATIO (P5E.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 : 2.22.
Stock Support levels : 2.02, 2.00, 1.99, 1.98, 1.96, 1.95, 1.93,.
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