Stock Technical indicators to notice in POTASH NORTH (PRJ.F)
1- Last bearish trend was from 0.28 $ (4/14/2009) to 0.27 $ (4/15/2009) a 0.01 $ move 2- The current bullish trend started from 0.27 $ at 4/15/2009 and is currently trading at 0.28 $.
4- PRJ.F current resistance level is at 0.28 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
POTASH NORTH (PRJ.F) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.270 $ and 0.280 $.
POTASH NORTH (PRJ.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.260 and 0.210 that was broken down at 0.270 transforming into a resistance line.
POTASH NORTH (PRJ.F) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 0.210 and 0.190, and is currently supporting at 0.252.
Stock Trading Conclusion:
POTASH NORTH (PRJ.F) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.283, 0.286, 0.346.
Stock Support levels : 0.278, 0.276, 0.275, 0.274, 0.272, 0.270,.
