Today we will analyze the stock MANULIFE FINL CORP 1.025 PRF C (MFC-PA.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in MANULIFE FINL CORP 1.025 PRF C (MFC-PA.TO)
1- Last bullish trend was from 24.31 $ (10/20/2011) to 25.96 $ (2/6/2012) a 1.65 $ move 2- The current bearish trend started from 25.96 $ at 2/6/2012 and is currently trading at 25.86 $.
3- MFC-PA.TO current support level is at 25.57 which is the 23.60 % fibonacci retracement of the last 1.65 $ move.
4- MFC-PA.TO current resistance level is at 25.96 which is the 0.00 % fibonacci retracement of the last 1.65 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
MANULIFE FINL CORP 1.025 PRF C (MFC-PA.TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 25.960 .
MANULIFE FINL CORP 1.025 PRF C (MFC-PA.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 26.000 and 26.750 that was broken up at 25.590 transforming into a supporting line.
MANULIFE FINL CORP 1.025 PRF C (MFC-PA.TO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
MANULIFE FINL CORP 1.025 PRF C (MFC-PA.TO) was trading in a strong bearish 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 : 25.88, 25.90, 25.91, 25.92, 25.95, 25.95, 25.95, 25.96,.
Stock Support levels : 25.57, 25.33, 25.29, 25.13, 24.94, 24.31, 23.86,.