Stock Technical indicators to notice in PRAEMIUM (P9A.BE)
1- Last bullish trend was from 0.07 $ (11/24/2010) to 0.19 $ (3/8/2011) a 0.12 $ move 2- The current bearish trend started from 0.19 $ at 3/8/2011 and is currently trading at 0.17 $.
4- P9A.BE current resistance level is at 0.19 which is the 0.00 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,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.
PRAEMIUM (P9A.BE) Short term stock chart patterns for internet stock trading :
PRAEMIUM (P9A.BE) Mid term stock chart patterns for internet stock trading :
PRAEMIUM (P9A.BE) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
PRAEMIUM (P9A.BE) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.175, 0.178, 0.180, 0.182, 0.190,.
Stock Support levels : 0.162, 0.144, 0.130, 0.116, 0.070, 0.037,.