Manulife Financial Cp (: MFC) (:MFC) Stock Research Trends Targets and Technical Analysis - [en]

Today we will analyze the stock Manulife Financial Corp (MFC) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Manulife Financial Corp (MFC)
1- Last bearish trend was from 18.81 $ (2/2/2010) to 17.48 $ (2/8/2010) a 1.33 $ move 2- The current bullish trend started from 17.48 $ at 2/8/2010 and is currently trading at 20.01 $. 3- According to ADX Indicator, the trend is currently 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.
Manulife Financial Corp (MFC) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 18.810 and 20.200 that was broken up at 18.220 transforming into a supporting line.
Manulife Financial Corp (MFC) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 17.480 and 16.510, and is currently supporting at 18.013.
Manulife Financial Corp (MFC) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 5.270 $ height triangle which was broken up at 19.130 in higher than usual volume, target of the pattern is 24.400.

Stock Trading Conclusion:
Manulife Financial Corp (MFC) was trading in a 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 : 24.40.
Stock Support levels : 19.41, 19.04, 18.98, 18.74, 18.45, 18.01, 17.48,.