Stock Technical indicators to notice in The World Series of Golf (WSGF.OB)
1- Last bullish trend was from 0.01 $ (1/7/2010) to 0.02 $ (1/15/2010) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 1/15/2010 and is currently trading at 0.01 $.
4- WSGF.OB current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
The World Series of Golf (WSGF.OB) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.010 .
7- The Stock formed a 0.040 $ height triangle which was broken up at 0.010, target of the pattern is 0.050.
The World Series of Golf (WSGF.OB) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.010 .
9- The Stock formed a 0.040 $ height triangle which was broken up at 0.010, target of the pattern is 0.050.
The World Series of Golf (WSGF.OB) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 0.010 .
11- The Stock formed a 0.040 $ height triangle which was broken up at 0.010, target of the pattern is 0.050.
Stock Trading Conclusion:
The World Series of Golf (WSGF.OB) was trading in a bearish wave, which is becoming weaker .
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 : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020, 0.050, 0.050.
Stock Support levels : 0.007, 0.006,.