Stock Technical indicators to notice in URANERZ ENERGY (U9E.DE)
1- Last bearish trend was from 2.07 $ (5/13/2011) to 1.83 $ (5/18/2011) a 0.24 $ move 2- The current bullish trend started from 1.83 $ at 5/18/2011 and is currently trading at 2.18 $.
4- U9E.DE current resistance level is at 2.22 which is the 161.80 % fibonacci retracement of the last 0.24 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
URANERZ ENERGY (U9E.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.830 and 1.820, and is currently supporting at 1.865.
URANERZ ENERGY (U9E.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.630 $ height triangle which was broken up at 1.980, target of the pattern is 2.610.
URANERZ ENERGY (U9E.DE) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.630 $ height triangle which was broken up at 1.980, target of the pattern is 2.610.
Stock Trading Conclusion:
URANERZ ENERGY (U9E.DE) was trading in a bullish wave, which is becoming stronger .
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 : 2.22, 2.61,.
Stock Support levels : 2.14, 2.10, 2.07, 2.05, 2.01, 1.98, 1.96, 1.95, 1.92, 1.91, 1.89, 1.87, 1.83,.
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