Stock Technical indicators to notice in MARATHON PGM CORP COM NPV (MAR.TO)
1- Last bearish trend was from 4.58 $ (11/22/2010) to 4.38 $ (11/29/2010) a 0.20 $ move 2- The current bullish trend started from 4.38 $ at 11/29/2010 and is currently trading at 4.85 $.
MARATHON PGM CORP COM NPV (MAR.TO) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 4.380 and 4.190, and is currently supporting at 4.443.
MARATHON PGM CORP COM NPV (MAR.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bullish stock channel identifed by support at 4.190 and 1.750,resistance between 4.500 and 2.000, the stock channel is currently supported from below by 4.713 and resisted from above by 5.043.
MARATHON PGM CORP COM NPV (MAR.TO) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.750 and 1.430, and is currently supporting at 2.556.
Stock Trading Conclusion:
MARATHON PGM CORP COM NPV (MAR.TO) was trading in a strong bullish wave, which is becoming stronger .
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 : .
Stock Support levels : 4.74, 4.67, 4.62, 4.56, 4.44, 4.38,.
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