Stock Technical indicators to notice in GOLD BULLION LTD (GDBLF.PK)
1- Last bearish trend was from 105.00 $ (10/15/2009) to 100.00 $ (11/5/2009) a 5.00 $ move 2- The current bullish trend started from 100.00 $ at 11/5/2009 and is currently trading at 109.50 $.
GOLD BULLION LTD (GDBLF.PK) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 100.000 and 90.000, and is currently supporting at 102.157.
GOLD BULLION LTD (GDBLF.PK) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 87.000 and 80.500, and is currently supporting at 101.468.
GOLD BULLION LTD (GDBLF.PK) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 87.000 and 69.000, and is currently supporting at 108.231.
Stock Trading Conclusion:
GOLD BULLION LTD (GDBLF.PK) was trading in a strong bullish wave, which is becoming stronger .
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 : .
Stock Support levels : 108.23, 107.26, 105.87, 104.75, 103.63, 102.16, 101.47,.
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