Stock Technical indicators to notice in CANADIAN ZINC CORP (CZICF.OB)
1- Last bearish trend was from 0.45 $ (8/2/2010) to 0.40 $ (8/26/2010) a 0.05 $ move 2- The current bullish trend started from 0.40 $ at 8/26/2010 and is currently trading at 0.41 $.
4- CZICF.OB current resistance level is at 0.41 which is the 23.60 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CANADIAN ZINC CORP (CZICF.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.450 and 0.460 that was broken up at 0.410 transforming into a supporting line.
CANADIAN ZINC CORP (CZICF.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.140 $ height triangle which was broken up at 0.410, target of the pattern is 0.550 which was broken down at 0.430, target of the pattern is 0.290.
CANADIAN ZINC CORP (CZICF.OB) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
CANADIAN ZINC CORP (CZICF.OB) was trading in a strong bullish wave, which is becoming weaker .
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 : 0.412, 0.419, 0.425, 0.431, 0.450, 0.464, 0.481, 0.550, 0.734.
Stock Support levels : 0.408, 0.406, 0.405, 0.404, 0.400, 0.380,.