Stock Technical indicators to notice in DRDGOLD (DUB1.DE)
1- Last bearish trend was from 0.35 $ (8/26/2010) to 0.31 $ (8/31/2010) a 0.04 $ move 2- The current bullish trend started from 0.31 $ at 8/31/2010 and is currently trading at 0.45 $.
DRDGOLD (DUB1.DE) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.350 and 0.400 that was broken up at 0.450 transforming into a supporting line.
DRDGOLD (DUB1.DE) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.350 and 0.400 that was broken up at 0.450 transforming into a supporting line.
DRDGOLD (DUB1.DE) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.350 and 0.400 that was broken up at 0.450 transforming into a supporting line.
Stock Trading Conclusion:
DRDGOLD (DUB1.DE) was trading in a strong bullish 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 : .
Stock Support levels : 0.417, 0.397, 0.380, 0.363, 0.342,.