Stock Technical indicators to notice in US GEOTHERMAL (U9G.F)
1- Last bearish trend was from 0.30 $ (5/3/2012) to 0.29 $ (5/4/2012) a 0.01 $ move 2- The current bullish trend started from 0.29 $ at 5/4/2012 and is currently trading at 0.31 $.
US GEOTHERMAL (U9G.F) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.290 .
5- The Stock formed a 0.070 $ height triangle which was broken up at 0.310 in higher than usual volume, target of the pattern is 0.380.
US GEOTHERMAL (U9G.F) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.360 and 0.380, and is currently resisting at 0.343.
US GEOTHERMAL (U9G.F) Long term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 0.320 and 0.340,resistance between 0.360 and 0.380, the stock channel is currently supported from below by 0.303 and resisted from above by 0.343.
Stock Trading Conclusion:
US GEOTHERMAL (U9G.F) was trading in a bearish 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 : 0.343, 0.380.
Stock Support levels : 0.305, 0.302, 0.300, 0.298, 0.290,.
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