Stock Technical indicators to notice in GREENLAND MINER (G7P.MU)
1- Last bullish trend was from 0.32 $ (4/17/2012) to 0.40 $ (4/30/2012) a 0.08 $ move 2- The current bearish trend started from 0.40 $ at 4/30/2012 and is currently trading at 0.35 $.
4- G7P.MU current resistance level is at 0.35 which is the 61.80 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
GREENLAND MINER (G7P.MU) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.400 and 0.410, and is currently resisting at 0.399.
GREENLAND MINER (G7P.MU) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.400 and 0.410, and is currently resisting at 0.399.
GREENLAND MINER (G7P.MU) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.400 and 0.410, and is currently resisting at 0.399.
Stock Trading Conclusion:
GREENLAND MINER (G7P.MU) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.351, 0.360, 0.362, 0.369, 0.369, 0.375, 0.381, 0.381, 0.399, 0.400,.
Stock Support levels : 0.320, 0.298,.