Stock Technical indicators to notice in URANIUM 308 (UR1.DE)
1- Last bearish trend was from 0.03 $ (10/26/2009) to 0.01 $ (2/28/2011) a 0.02 $ move 2- The current bullish trend started from 0.01 $ at 2/28/2011 and is currently trading at 0.02 $.
4- UR1.DE current resistance level is at 0.02 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
URANIUM 308 (UR1.DE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.010 .
URANIUM 308 (UR1.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.010 .
URANIUM 308 (UR1.DE) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.010 .
Stock Trading Conclusion:
URANIUM 308 (UR1.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 : 0.022, 0.030, 0.035, 0.042.
Stock Support levels : 0.018, 0.016, 0.015, 0.015, 0.014, 0.010,.
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