Stock Technical indicators to notice in FALKLAND OIL and GAS (FQQ.DE)
1- Last bullish trend was from 1.00 $ (4/11/2011) to 1.25 $ (4/26/2011) a 0.25 $ move 2- The current bearish trend started from 1.25 $ at 4/26/2011 and is currently trading at 0.71 $.
FALKLAND OIL and GAS (FQQ.DE) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 1.250 .
5- The Stock formed a 0.290 $ height triangle which was broken down at 1.000, target of the pattern is 0.710.
FALKLAND OIL and GAS (FQQ.DE) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 1.250 .
7- The Stock formed a 0.290 $ height triangle which was broken down at 1.000, target of the pattern is 0.710.
FALKLAND OIL and GAS (FQQ.DE) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 1.250 .
9- The Stock formed a 0.290 $ height triangle which was broken down at 1.000, target of the pattern is 0.710.
Stock Trading Conclusion:
FALKLAND OIL and GAS (FQQ.DE) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.837, 0.916, 0.980, 1.044, 1.250, 1.580,.
Stock Support levels :.