Stock Technical indicators to notice in Pacific Copper Corp. (PPFP.OB)
1- Last bullish trend was from 0.01 $ (9/29/2010) to 0.04 $ (10/4/2010) a 0.03 $ move 2- The current bearish trend started from 0.04 $ at 10/4/2010 and is currently trading at 0.01 $.
4- PPFP.OB current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,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.
Pacific Copper Corp. (PPFP.OB) Short term stock chart patterns for internet stock trading :
None.
Pacific Copper Corp. (PPFP.OB) Mid term stock chart patterns for internet stock trading :
None.
Pacific Copper Corp. (PPFP.OB) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
Pacific Copper Corp. (PPFP.OB) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.017, 0.021, 0.025, 0.029, 0.033, 0.040,.
Stock Support levels : 0.002,.
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