Stock Technical indicators to notice in CDN GOLD HUNTER COM NPV (CGH.TO)
1- Last bearish trend was from 0.52 $ (9/2/2009) to 0.50 $ (9/3/2009) a 0.02 $ move 2- The current bullish trend started from 0.50 $ at 9/3/2009 and is currently trading at 0.66 $.
CDN GOLD HUNTER COM NPV (CGH.TO) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 0.520 that failed, and formed a support .
5- The Stock was supported by a support line, identified by two points: 0.500 and 0.430 that was broken down at 0.510 transforming into a resistance line.
CDN GOLD HUNTER COM NPV (CGH.TO) Mid term stock chart patterns for internet stock trading :
None.
CDN GOLD HUNTER COM NPV (CGH.TO) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.430 and 0.350, and is currently supporting at 0.464.
Stock Trading Conclusion:
CDN GOLD HUNTER COM NPV (CGH.TO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.885.
Stock Support levels : 0.622, 0.599, 0.580, 0.561, 0.520, 0.500,.
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