Stock Technical indicators to notice in FIRSTSERVICE CORP SUB-VTG COM N (FSV.TO)
1- Last bullish trend was from 29.76 $ (4/10/2012) to 30.73 $ (4/12/2012) a 0.97 $ move 2- The current bearish trend started from 30.73 $ at 4/12/2012 and is currently trading at 26.91 $.
FIRSTSERVICE CORP SUB-VTG COM N (FSV.TO) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 30.730 and 31.920, and is currently resisting at 30.056.
FIRSTSERVICE CORP SUB-VTG COM N (FSV.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock formed Double Bottom Pattern at 24.950 .
FIRSTSERVICE CORP SUB-VTG COM N (FSV.TO) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 31.920 and 34.660, and is currently resisting at 31.026.
Stock Trading Conclusion:
FIRSTSERVICE CORP SUB-VTG COM N (FSV.TO) was trading in a strong bearish wave, which is becoming stronger .
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 : 27.81, 28.37, 28.82, 29.27, 30.06, 30.73, 31.03, 32.19.
Stock Support levels : 24.69.
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