Stock Technical indicators to notice in Pioneer Bankshares Inc. (PNBI.OB)
1- Last bearish trend was from 14.21 $ (9/23/2011) to 13.13 $ (10/14/2011) a 1.08 $ move 2- The current bullish trend started from 13.13 $ at 10/14/2011 and is currently trading at 18.50 $.
Pioneer Bankshares Inc. (PNBI.OB) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 14.210 and 16.010 that was broken up at 13.230 transforming into a supporting line.
Pioneer Bankshares Inc. (PNBI.OB) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 14.210 and 17.790 that was broken up at 13.330 transforming into a supporting line.
Pioneer Bankshares Inc. (PNBI.OB) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 17.790 and 17.950 that was broken up at 18.000 transforming into a supporting line.
Stock Trading Conclusion:
Pioneer Bankshares Inc. (PNBI.OB) 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 : 17.23, 16.98, 16.45, 15.82, 15.18, 13.13, 9.45,.
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