Stock Technical indicators to notice in BADGER INCOME FD TRUST UNITS (BAD-UN.TO)
1- Last bearish trend was from 21.33 $ (11/30/2011) to 19.99 $ (12/14/2011) a 1.34 $ move 2- The current bullish trend started from 19.99 $ at 12/14/2011 and is currently trading at 23.24 $.
BADGER INCOME FD TRUST UNITS (BAD-UN.TO) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 21.330 that failed, and formed a support .
5- The Stock was supported by a support line, identified by two points: 19.990 and 19.660, and is currently supporting at 20.853.
BADGER INCOME FD TRUST UNITS (BAD-UN.TO) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 21.330 that failed, and formed a support .
7- The Stock was supported by a support line, identified by two points: 19.990 and 19.660, and is currently supporting at 20.853.
BADGER INCOME FD TRUST UNITS (BAD-UN.TO) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bearish stock channel identifed by support at 16.900 and 17.130,resistance between 19.580 and 20.650 which was broken up at 19.310 in higher than usual volume.
Stock Trading Conclusion:
BADGER INCOME FD TRUST UNITS (BAD-UN.TO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 22.47, 22.00, 21.61, 21.52, 21.48, 21.43, 21.23, 20.85, 19.99,.
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