Stock Technical indicators to notice in Pacific Sands Inc. (PFSD.OB)
1- Last bullish trend was from 0.08 $ (1/26/2012) to 0.11 $ (2/1/2012) a 0.03 $ move 2- The current bearish trend started from 0.11 $ at 2/1/2012 and is currently trading at 0.10 $.
4- PFSD.OB current resistance level is at 0.10 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Pacific Sands Inc. (PFSD.OB) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.110 .
Pacific Sands Inc. (PFSD.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 0.110 .
Pacific Sands Inc. (PFSD.OB) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 0.110 .
Stock Trading Conclusion:
Pacific Sands Inc. (PFSD.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.102, 0.103, 0.104, 0.105, 0.106, 0.110,.
Stock Support levels : 0.099, 0.095, 0.091, 0.080, 0.072,.
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