Stock Technical indicators to notice in PM PAN MINERALS AG (5PN.DE)
1- Last bearish trend was from 0.48 $ (5/9/2011) to 0.25 $ (5/17/2011) a 0.23 $ move 2- The current bullish trend started from 0.25 $ at 5/17/2011 and is currently trading at 0.45 $.
4- 5PN.DE current resistance level is at 0.48 which is the 100.00 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
PM PAN MINERALS AG (5PN.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.480 and 0.650 that was broken up at 0.450 transforming into a supporting line.
PM PAN MINERALS AG (5PN.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.480 and 0.650 that was broken up at 0.450 transforming into a supporting line.
PM PAN MINERALS AG (5PN.DE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
PM PAN MINERALS AG (5PN.DE) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.480, 0.543, 0.622.
Stock Support levels : 0.403, 0.392, 0.374, 0.365, 0.350, 0.338, 0.326, 0.304, 0.279, 0.250,.
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