Stock Technical indicators to notice in POLARIS MEDIA (POL.OL)
1- Last bearish trend was from 28.00 $ (4/27/2012) to 24.00 $ (5/3/2012) a 4.00 $ move 2- The current bullish trend started from 24.00 $ at 5/3/2012 and is currently trading at 26.00 $.
4- POL.OL current resistance level is at 26.47 which is the 61.80 % fibonacci retracement of the last 4.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
POLARIS MEDIA (POL.OL) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 24.000 $ and 28.000 $.
POLARIS MEDIA (POL.OL) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 24.000 $ and 28.000 $.
POLARIS MEDIA (POL.OL) Long term stock chart patterns for internet stock trading :
8- The Stock is trading in a stock channel between 24.000 $ and 28.000 $.
Stock Trading Conclusion:
POLARIS MEDIA (POL.OL) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 26.47, 26.50, 28.00, 29.09, 30.47.
Stock Support levels : 25.53, 25.24, 25.00, 24.94, 24.76, 24.00,.
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