Today we will analyze the stock Meridian Gold Inc. (MDG) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Meridian Gold Inc. (MDG)
1- Last bearish trend was from 37.24 $ (12/10/2007) to 33.05 $ (12/20/2007) a 4.19 $ move 2- The current bullish trend started from 33.05 $ at 12/20/2007 and is currently trading at 35.50 $.
3- MDG current support level is at 35.15 which is the 50.00 % fibonacci retracement of the last 4.19 $ move.
4- MDG current resistance level is at 35.64 which is the 61.80 % fibonacci retracement of the last 4.19 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Meridian Gold Inc. (MDG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 37.240 and 38.040, and is currently resisting at 36.222.
Meridian Gold Inc. (MDG) Mid term stock chart patterns for internet stock trading :

None.
Meridian Gold Inc. (MDG) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 33.050 and 23.660, and is currently supporting at 33.690.

Stock Trading Conclusion:
Meridian Gold Inc. (MDG) 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 : 35.64, 36.22, 37.24, 38.38, 39.83.
Stock Support levels : 35.15, 34.92, 34.65, 34.56, 34.28, 34.04, 33.99, 33.69, 33.05,.