Stock Technical indicators to notice in MARAKAND MINERALS (PUO.SG)
1- Last bullish trend was from 0.06 $ (10/11/2007) to 0.09 $ (10/23/2007) a 0.03 $ move 2- The current bearish trend started from 0.09 $ at 10/23/2007 and is currently trading at 0.08 $.
4- PUO.SG current resistance level is at 0.08 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,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.
MARAKAND MINERALS (PUO.SG) Short term stock chart patterns for internet stock trading :
None.
MARAKAND MINERALS (PUO.SG) Mid term stock chart patterns for internet stock trading :
None.
MARAKAND MINERALS (PUO.SG) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
MARAKAND MINERALS (PUO.SG) was trading in a strong bullish 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 : 0.082, 0.083, 0.084, 0.085, 0.086, 0.090,.
Stock Support levels : 0.079, 0.075, 0.071, 0.060, 0.052,.
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