Stock Technical indicators to notice in JAG Media Holdings Inc. (JAGH.OB)
1- Last bearish trend was from 0.38 $ (10/16/2009) to 0.33 $ (10/20/2009) a 0.05 $ move 2- The current bullish trend started from 0.33 $ at 10/20/2009 and is currently trading at 0.39 $.
4- JAGH.OB current resistance level is at 0.39 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 becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
JAG Media Holdings Inc. (JAGH.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.380 and 0.390 that was broken up at 0.380 transforming into a supporting line.
JAG Media Holdings Inc. (JAGH.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.380 and 0.390 that was broken up at 0.380 transforming into a supporting line.
JAG Media Holdings Inc. (JAGH.OB) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
JAG Media Holdings Inc. (JAGH.OB) was trading in a bullish wave, which is becoming weaker .
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 : 0.394, 0.411.
Stock Support levels : 0.380, 0.376, 0.375, 0.367, 0.361, 0.360, 0.355, 0.353, 0.349, 0.342, 0.330,.
