Stock Technical indicators to notice in Save the World Air Inc. (ZERO.OB)
1- Last bullish trend was from 0.44 $ (5/3/2012) to 0.46 $ (5/7/2012) a 0.02 $ move 2- The current bearish trend started from 0.46 $ at 5/7/2012 and is currently trading at 0.44 $.
4- ZERO.OB current resistance level is at 0.44 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Save the World Air Inc. (ZERO.OB) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.460 .
7- The Stock formed a 0.040 $ height triangle which was broken down at 0.440 in higher than usual volume, target of the pattern is 0.400.
Save the World Air Inc. (ZERO.OB) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 0.270 $ height triangle which was broken up at 0.450, target of the pattern is 0.720 which was broken down at 0.440 in higher than usual volume, target of the pattern is 0.170.
Save the World Air Inc. (ZERO.OB) Long term stock chart patterns for internet stock trading :
9- The Stock formed a 0.310 $ height triangle which was broken up at 0.450, target of the pattern is 0.760 which was broken down at 0.440 in higher than usual volume, target of the pattern is 0.130.
Stock Trading Conclusion:
Save the World Air Inc. (ZERO.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.445, 0.448, 0.450, 0.452, 0.455, 0.460, 0.520, 0.720, 0.760.
Stock Support levels : 0.435, 0.428, 0.400, 0.363, 0.330, 0.170,.
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