Stock Technical indicators to notice in POLYMET MINING (PB3.DE)
1- Last bullish trend was from 1.35 $ (3/29/2011) to 1.45 $ (3/30/2011) a 0.10 $ move 2- The current bearish trend started from 1.45 $ at 3/30/2011 and is currently trading at 1.21 $.
POLYMET MINING (PB3.DE) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 1.350 and 1.280 that was broken down at 1.210 transforming into a resistance line.
POLYMET MINING (PB3.DE) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bearish stock channel identifed by support at 1.280 and 1.650,resistance between 1.450 and 1.990, the stock channel is currently supported from below by 0.746 and resisted from above by 1.373.
POLYMET MINING (PB3.DE) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 1.280 and 1.650,resistance between 1.450 and 1.990, the stock channel is currently supported from below by 0.746 and resisted from above by 1.373.
Stock Trading Conclusion:
POLYMET MINING (PB3.DE) was trading in a 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 : 1.27, 1.30, 1.33, 1.36, 1.37, 1.45, 1.99.
Stock Support levels :.