Stock Technical indicators to notice in Pike River Coal Limited Ordinar (PRC.NZ)
1- Last bearish trend was from 1.00 $ (7/28/2010) to 0.95 $ (8/19/2010) a 0.05 $ move 2- The current bullish trend started from 0.95 $ at 8/19/2010 and is currently trading at 1.00 $.
4- PRC.NZ current resistance level is at 1.01 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Pike River Coal Limited Ordinar (PRC.NZ) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.950 and 0.930, and is currently supporting at 0.958.
Pike River Coal Limited Ordinar (PRC.NZ) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 1.150 and 1.160, and is currently resisting at 1.088.
Pike River Coal Limited Ordinar (PRC.NZ) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 0.860 and 0.850, and is currently supporting at 0.865.
Stock Trading Conclusion:
Pike River Coal Limited Ordinar (PRC.NZ) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 1.01, 1.03, 1.09.
Stock Support levels : 0.99, 0.98, 0.98, 0.97, 0.96, 0.96, 0.95,.