Stock Technical indicators to notice in AMALG INC LTD PTNR SBI NPV (AI-UN.TO)
1- Last bearish trend was from 1.49 $ (5/11/2010) to 1.33 $ (5/26/2010) a 0.16 $ move 2- The current bullish trend started from 1.33 $ at 5/26/2010 and is currently trading at 1.47 $.
4- AI-UN.TO current resistance level is at 1.49 which is the 100.00 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
AMALG INC LTD PTNR SBI NPV (AI-UN.TO) Short term stock chart patterns for internet stock trading :
None.
AMALG INC LTD PTNR SBI NPV (AI-UN.TO) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1.490 and 3.360 that was broken up at 1.420 transforming into a supporting line.
AMALG INC LTD PTNR SBI NPV (AI-UN.TO) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 3.360 and 3.410, and is currently resisting at 2.616.
Stock Trading Conclusion:
AMALG INC LTD PTNR SBI NPV (AI-UN.TO) was trading in a strong bullish 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 : 1.49, 1.53, 1.59, 2.62.
Stock Support levels : 1.44, 1.43, 1.42, 1.41, 1.40, 1.39, 1.38, 1.37, 1.33,.
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