Stock Technical indicators to notice in CLEAN AIR POWER (P7W.BE)
1- Last bullish trend was from 0.08 $ (1/4/2011) to 0.11 $ (3/21/2011) a 0.03 $ move 2- The current bearish trend started from 0.11 $ at 3/21/2011 and is currently trading at 0.09 $.
4- P7W.BE current resistance level is at 0.09 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CLEAN AIR POWER (P7W.BE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.080 .
CLEAN AIR POWER (P7W.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.080 .
CLEAN AIR POWER (P7W.BE) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.080 .
Stock Trading Conclusion:
CLEAN AIR POWER (P7W.BE) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.091, 0.095, 0.095, 0.098, 0.099, 0.100, 0.102, 0.103, 0.110,.
Stock Support levels : 0.080, 0.072,.
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