Stock Technical indicators to notice in YUKON GOLD CORP INC (YGDC.OB)
1- Last bullish trend was from 0.01 $ (6/8/2010) to 0.02 $ (6/9/2010) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 6/9/2010 and is currently trading at 0.01 $.
4- YGDC.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 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.
YUKON GOLD CORP INC (YGDC.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030, and is currently resisting at 0.019.
YUKON GOLD CORP INC (YGDC.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030, and is currently resisting at 0.019.
YUKON GOLD CORP INC (YGDC.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030, and is currently resisting at 0.019.
Stock Trading Conclusion:
YUKON GOLD CORP INC (YGDC.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 : 0.012, 0.014, 0.015, 0.016, 0.018, 0.019, 0.020, 0.030,.
Stock Support levels : 0.007,.
