Stock Technical indicators to notice in DEEP YELLOW (JMI.F)
1- Last bullish trend was from 0.05 $ (10/25/2012) to 0.06 $ (10/26/2012) a 0.01 $ move 2- The current bearish trend started from 0.06 $ at 10/26/2012 and is currently trading at 0.05 $.
4- JMI.F current resistance level is at 0.05 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,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.
6- Bearish Divergance in MACD Indicator .
7- Bullish Divergance in MACD Indicator .
DEEP YELLOW (JMI.F) Short term stock chart patterns for internet stock trading :
8- The Stock formed a 0.050 $ height triangle which was broken down at 0.050, target of the pattern is 0.000.
DEEP YELLOW (JMI.F) Mid term stock chart patterns for internet stock trading :
9- The Stock formed a 0.050 $ height triangle which was broken down at 0.050, target of the pattern is 0.000.
DEEP YELLOW (JMI.F) Long term stock chart patterns for internet stock trading :
10- The Stock formed a 0.050 $ height triangle which was broken down at 0.050, target of the pattern is 0.000.
Stock Trading Conclusion:
DEEP YELLOW (JMI.F) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.052, 0.054, 0.055, 0.056, 0.058, 0.060, 0.062,.
Stock Support levels : 0.047, 0.044, 0.020, 0.000,.
Related Stocks
| J.M. |
| JUBILEE MINES |
| JOHNSON MATTHEY PLC |
| JET MULTIMEDIA |
| NUVEEN INVESTMENT-A |