Stock Technical indicators to notice in AGRIUM INC COM NPV (AGU.TO)
1- Last bearish trend was from 72.44 $ (12/7/2011) to 66.90 $ (12/15/2011) a 5.54 $ move 2- The current bullish trend started from 66.90 $ at 12/15/2011 and is currently trading at 82.84 $.
AGRIUM INC COM NPV (AGU.TO) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 72.440 and 83.430 that was broken up at 69.530 transforming into a supporting line.
AGRIUM INC COM NPV (AGU.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock formed Double Bottom Pattern at 66.900 .
6- The Stock formed a 19.660 $ height triangle which was broken up at 79.130, target of the pattern is 98.790.
AGRIUM INC COM NPV (AGU.TO) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 66.900 .
8- The Stock formed a 19.660 $ height triangle which was broken up at 79.130, target of the pattern is 98.790.
Stock Trading Conclusion:
AGRIUM INC COM NPV (AGU.TO) was trading in a strong bullish wave, which is becoming stronger .
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 : 98.79,.
Stock Support levels : 79.08, 76.79, 76.75, 74.87, 72.99, 66.90, 66.72,.
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