Stock Technical indicators to notice in EXPLORATOR RES (5EP.F)
1- Last bearish trend was from 0.48 $ (4/21/2011) to 0.46 $ (5/5/2011) a 0.02 $ move 2- The current bullish trend started from 0.46 $ at 5/5/2011 and is currently trading at 0.48 $.
4- 5EP.F current resistance level is at 0.49 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
EXPLORATOR RES (5EP.F) Short term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 0.460 $ and 0.480 $.
EXPLORATOR RES (5EP.F) Mid term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.400 and 0.440 that was broken up at 0.480 transforming into a supporting line.
EXPLORATOR RES (5EP.F) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 0.400 and 0.480 that was broken up at 0.350 transforming into a supporting line.
Stock Trading Conclusion:
EXPLORATOR RES (5EP.F) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.485, 0.492.
Stock Support levels : 0.475, 0.472, 0.470, 0.468, 0.465, 0.460, 0.249,.
