Stock Technical indicators to notice in Mentor Corporation (MNT)
1- Last bearish trend was from 15.94 $ (11/17/2008) to 13.52 $ (11/20/2008) a 2.42 $ move 2- The current bullish trend started from 13.52 $ at 11/20/2008 and is currently trading at 31.01 $.
Mentor Corporation (MNT) Short term stock chart patterns for internet stock trading :
None.
Mentor Corporation (MNT) Mid term stock chart patterns for internet stock trading :
4- The Stock traded in a bearish stock channel identifed by support at 13.520 and 14.070,resistance between 15.940 and 16.900 which was broken up at 15.750.
Mentor Corporation (MNT) Long term stock chart patterns for internet stock trading :
5- The Stock traded in a bearish stock channel identifed by support at 13.520 and 14.070,resistance between 15.940 and 16.900 which was broken up at 15.750.
Stock Trading Conclusion:
Mentor Corporation (MNT) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : .
Stock Support levels : 26.88, 24.33, 22.26, 20.20, 13.52, 12.01,.
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