Stock Technical indicators to notice in ROXMARK MINES (RMM.BE)
1- Last bullish trend was from 10.88 $ (3/17/2011) to 11.68 $ (3/31/2011) a 0.80 $ move 2- The current bearish trend started from 11.68 $ at 3/31/2011 and is currently trading at 11.19 $.
4- RMM.BE current resistance level is at 11.28 which is the 50.00 % fibonacci retracement of the last 0.80 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ROXMARK MINES (RMM.BE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 11.680 and 11.920, and is currently resisting at 11.575.
ROXMARK MINES (RMM.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 2.250 $ height triangle which was broken down at 11.250, target of the pattern is 9.000.
ROXMARK MINES (RMM.BE) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.110 .
9- The Stock formed a 0.030 $ height triangle which was broken up at 0.120, target of the pattern is 0.150.
Stock Trading Conclusion:
ROXMARK MINES (RMM.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 : 11.28, 11.31, 11.37, 11.38, 11.43, 11.49, 11.49, 11.58, 11.59, 11.68, 11.93, 11.97.
Stock Support levels : 11.19, 10.88, 10.66, 10.39, 9.00, 0.11,.
