Stock Technical indicators to notice in CHINA GOLDMINES (C5H.DE)
1- Last bullish trend was from 0.20 $ (5/20/2009) to 0.28 $ (10/16/2009) a 0.08 $ move 2- The current bearish trend started from 0.28 $ at 10/16/2009 and is currently trading at 0.12 $.
CHINA GOLDMINES (C5H.DE) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.280 and 1.700 that was broken up at 0.230 transforming into a supporting line.
CHINA GOLDMINES (C5H.DE) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.280 and 1.700 that was broken up at 0.230 transforming into a supporting line.
CHINA GOLDMINES (C5H.DE) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.280 and 1.700 that was broken up at 0.230 transforming into a supporting line.
Stock Trading Conclusion:
CHINA GOLDMINES (C5H.DE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.158, 0.181, 0.200, 0.219, 0.280.
Stock Support levels : -11.553,.