Stock Technical indicators to notice in ENDEAVOUR SILVER (EJD.MU)
1- Last bullish trend was from 6.23 $ (4/25/2012) to 6.94 $ (5/2/2012) a 0.71 $ move 2- The current bearish trend started from 6.94 $ at 5/2/2012 and is currently trading at 6.31 $.
4- EJD.MU current resistance level is at 6.50 which is the 61.80 % fibonacci retracement of the last 0.71 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ENDEAVOUR SILVER (EJD.MU) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 6.940 and 7.110, and is currently resisting at 6.898.
ENDEAVOUR SILVER (EJD.MU) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 6.940 and 7.110, and is currently resisting at 6.898.
ENDEAVOUR SILVER (EJD.MU) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 6.940 and 8.760, and is currently resisting at 6.849.
Stock Trading Conclusion:
ENDEAVOUR SILVER (EJD.MU) 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 : 6.46, 6.50, 6.55, 6.59, 6.63, 6.67, 6.70, 6.77, 6.85, 6.90, 6.94,.
Stock Support levels : 6.23, 6.04,.
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