Stock Technical indicators to notice in POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO)
1- Last bearish trend was from 2.70 $ (1/26/2012) to 2.60 $ (1/31/2012) a 0.10 $ move 2- The current bullish trend started from 2.60 $ at 1/31/2012 and is currently trading at 2.85 $.
POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 2.600 and 2.200, and is currently supporting at 2.709.
POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 2.010 and 1.950, and is currently supporting at 2.151.
POLARIS GEOTHERMAL COM NPV CL’A (GEO.TO) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 0.430 $ height triangle which was broken up at 2.210 in higher than usual volume, target of the pattern is 2.640.
Stock Trading Conclusion:
POLARIS GEOTHERMAL COM NPV CL’A (GEO.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 : .
Stock Support levels : 2.79, 2.75, 2.72, 2.71, 2.70, 2.60, 2.30, 2.20, 2.15,.
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