Stock Technical indicators to notice in POLARIS GEOTHERMAL (PGTHF.PK)
1- Last bullish trend was from 0.74 $ (10/5/2009) to 0.80 $ (10/15/2009) a 0.06 $ move 2- The current bearish trend started from 0.80 $ at 10/15/2009 and is currently trading at 0.77 $.
4- PGTHF.PK current resistance level is at 0.77 which is the 50.00 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
POLARIS GEOTHERMAL (PGTHF.PK) Short term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.740 .
8- The Stock formed a 0.110 $ height triangle.
POLARIS GEOTHERMAL (PGTHF.PK) Mid term stock chart patterns for internet stock trading :
9- The Stock formed Double Bottom Pattern at 0.740 .
10- The Stock formed a 0.160 $ height triangle.
POLARIS GEOTHERMAL (PGTHF.PK) Long term stock chart patterns for internet stock trading :
11- The Stock formed a 0.170 $ height triangle.
Stock Trading Conclusion:
POLARIS GEOTHERMAL (PGTHF.PK) 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 : 0.777, 0.781, 0.785, 0.786, 0.789, 0.800,.
Stock Support levels : 0.763, 0.740, 0.724,.
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