Stock Technical indicators to notice in FORSYS METALS CORP COM NPV (FSY.TO)
1- Last bearish trend was from 0.98 $ (4/25/2012) to 0.95 $ (4/27/2012) a 0.03 $ move 2- The current bullish trend started from 0.95 $ at 4/27/2012 and is currently trading at 1.00 $.
FORSYS METALS CORP COM NPV (FSY.TO) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.950 .
5- The Stock formed a 0.050 $ height triangle which was broken up at 0.980, target of the pattern is 1.030.
FORSYS METALS CORP COM NPV (FSY.TO) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.950 .
FORSYS METALS CORP COM NPV (FSY.TO) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 1.050 .
8- The Stock formed a 0.370 $ height triangle which was broken down at 1.000, target of the pattern is 0.630.
Stock Trading Conclusion:
FORSYS METALS CORP COM NPV (FSY.TO) was trading in a strong bullish 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 : 1.03, 1.05, 1.13.
Stock Support levels : 0.99, 0.98, 0.98, 0.97, 0.95, 0.94,.
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