Stock Technical indicators to notice in LOCKERBIE and HOLE I COM NPV (LH.TO)
1- Last bearish trend was from 7.95 $ (2/6/2009) to 7.70 $ (3/9/2009) a 0.25 $ move 2- The current bullish trend started from 7.70 $ at 3/9/2009 and is currently trading at 8.25 $.
LOCKERBIE and HOLE I COM NPV (LH.TO) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bullish stock channel identifed by support at 7.700 and 5.500,resistance between 7.950 and 6.750 which was broken down at 7.720 in higher than usual volume.
LOCKERBIE and HOLE I COM NPV (LH.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 5.500 and 4.000 that was broken down at 7.720 transforming into a resistance line.
LOCKERBIE and HOLE I COM NPV (LH.TO) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 5.500 and 4.000 that was broken down at 7.720 transforming into a resistance line.
Stock Trading Conclusion:
LOCKERBIE and HOLE I COM NPV (LH.TO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 9.18, 9.22.
Stock Support levels : 8.12, 8.04, 7.97, 7.91,.
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