Stock Technical indicators to notice in MDS INC COM NPV (MDS.TO)
1- Last bearish trend was from 10.00 $ (8/3/2010) to 9.64 $ (8/19/2010) a 0.36 $ move 2- The current bullish trend started from 9.64 $ at 8/19/2010 and is currently trading at 10.38 $.
MDS INC COM NPV (MDS.TO) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 9.640 .
5- The Stock formed a 0.570 $ height triangle which was broken up at 9.820 in higher than usual volume, target of the pattern is 10.390.
MDS INC COM NPV (MDS.TO) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 8.560 .
7- The Stock formed a 0.830 $ height triangle which was broken up at 9.480 in higher than usual volume, target of the pattern is 10.310.
MDS INC COM NPV (MDS.TO) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 7.700 and 6.270 that was broken down at 8.630 transforming into a resistance line.
Stock Trading Conclusion:
MDS INC COM NPV (MDS.TO) was trading in a strong bullish wave, which is becoming stronger .
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 : 10.39, 10.99.
Stock Support levels : 10.21, 10.10, 10.01, 9.92, 9.67, 9.64, 9.64, 9.01,.