Today we will analyze the stock POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO)
1- Last bearish trend was from 0.90 $ (9/30/2009) to 0.79 $ (10/13/2009) a 0.11 $ move 2- The current bullish trend started from 0.79 $ at 10/13/2009 and is currently trading at 0.85 $.
3- GEO.TO current support level is at 0.85 which is the 50.00 % fibonacci retracement of the last 0.11 $ move.
4- GEO.TO current resistance level is at 0.86 which is the 61.80 % fibonacci retracement of the last 0.11 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.900 and 1.000 that was broken up at 0.850 transforming into a supporting line.
POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.900 and 1.000 that was broken up at 0.850 transforming into a supporting line.
POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.220 $ height triangle which was broken up at 0.850 in higher than usual volume, target of the pattern is 1.070.

Stock Trading Conclusion:
POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO) was trading in a bearish 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 : 0.858, 0.900, 0.930, 0.968, 1.070.
Stock Support levels : 0.845, 0.836, 0.832, 0.827, 0.825, 0.820, 0.816, 0.813, 0.790,.