Stock Technical indicators to notice in STRATECO RESOURCES (RF9.DE)
1- Last bullish trend was from 0.34 $ (5/9/2011) to 0.40 $ (5/10/2011) a 0.06 $ move 2- The current bearish trend started from 0.40 $ at 5/10/2011 and is currently trading at 0.34 $.
4- RF9.DE current resistance level is at 0.34 which is the 100.00 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
STRATECO RESOURCES (RF9.DE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.340 .
7- The Stock formed a 0.240 $ height triangle which was broken up at 0.340, target of the pattern is 0.580.
STRATECO RESOURCES (RF9.DE) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.340 .
9- The Stock formed a 0.240 $ height triangle which was broken up at 0.340, target of the pattern is 0.580.
STRATECO RESOURCES (RF9.DE) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 0.340 .
11- The Stock formed a 0.240 $ height triangle which was broken up at 0.340, target of the pattern is 0.580.
Stock Trading Conclusion:
STRATECO RESOURCES (RF9.DE) was trading in a bearish wave, which is becoming weaker .
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 : 0.354, 0.363, 0.370, 0.377, 0.386, 0.400, 0.580,.
Stock Support levels : 0.324, 0.303, -0.380,.
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