Stock Technical indicators to notice in GOLDEN STAR RES COM NPV (GSC.TO)
1- Last bullish trend was from 1.66 $ (1/19/2012) to 2.22 $ (1/27/2012) a 0.56 $ move 2- The current bearish trend started from 2.22 $ at 1/27/2012 and is currently trading at 2.00 $.
4- GSC.TO current resistance level is at 2.01 which is the 38.20 % fibonacci retracement of the last 0.56 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
GOLDEN STAR RES COM NPV (GSC.TO) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.660 and 1.550, and is currently supporting at 1.741.
GOLDEN STAR RES COM NPV (GSC.TO) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1.660 and 1.550, and is currently supporting at 1.741.
GOLDEN STAR RES COM NPV (GSC.TO) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 1.660 and 1.550, and is currently supporting at 1.741.
Stock Trading Conclusion:
GOLDEN STAR RES COM NPV (GSC.TO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 2.01, 2.05, 2.08, 2.09, 2.11, 2.14, 2.22,.
Stock Support levels : 1.94, 1.87, 1.74, 1.66, 1.51,.
Related Stocks
| GREYSTAR RESOURCES COM NPV |
| GLOBAL RES SPLIT COM NPV CLASS’ |
| GILDAN ACTIVEWEAR COM NPV |
| GLENDALE INTL CORP COM NPV |
| GLOBAL PLUS INCOME TRUST UNITS |
