Stock Technical indicators to notice in Prescient Applied Intelligence Inc. (PPID.OB)
1- Last bullish trend was from 0.04 $ (12/26/2008) to 0.06 $ (1/6/2009) a 0.02 $ move 2- The current bearish trend started from 0.06 $ at 1/6/2009 and is currently trading at 0.05 $.
4- PPID.OB current resistance level is at 0.05 which is the 38.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
Prescient Applied Intelligence Inc. (PPID.OB) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.040 $ and 0.060 $.
Prescient Applied Intelligence Inc. (PPID.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 0.040 $ and 0.060 $.
Prescient Applied Intelligence Inc. (PPID.OB) Long term stock chart patterns for internet stock trading :
8- The Stock is trading in a stock channel between 0.040 $ and 0.060 $.
Stock Trading Conclusion:
Prescient Applied Intelligence Inc. (PPID.OB) was trading in a strong bullish 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 : 0.052, 0.052, 0.054, 0.055, 0.055, 0.056, 0.060,.
Stock Support levels : 0.050, 0.048, 0.040, 0.035,.
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