Stock Technical indicators to notice in AIM RESOURCES (AIMR.L)
1- Last bearish trend was from 7.35 $ (12/8/2008) to 2.00 $ (12/15/2008) a 5.35 $ move 2- The current bullish trend started from 2.00 $ at 12/15/2008 and is currently trading at 3.25 $.
4- AIMR.L current resistance level is at 3.26 which is the 23.60 % fibonacci retracement of the last 5.35 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
AIM RESOURCES (AIMR.L) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 2.000 and 0.400, and is currently supporting at 2.320.
AIM RESOURCES (AIMR.L) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 2.000 and 0.400, and is currently supporting at 2.320.
AIM RESOURCES (AIMR.L) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 2.000 and 0.400, and is currently supporting at 2.320.
Stock Trading Conclusion:
AIM RESOURCES (AIMR.L) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 3.26, 4.04, 4.68, 5.00, 5.31, 7.35, 8.81, 10.66.
Stock Support levels : 2.95, 2.77, 2.63, 2.48, 2.32, 2.00,.