Today we will analyze the stock NORTHGATE MINERALS COM NPV (NGX.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in NORTHGATE MINERALS COM NPV (NGX.TO)
1- Last bearish trend was from 3.83 $ (10/11/2011) to 3.30 $ (10/20/2011) a 0.53 $ move 2- The current bullish trend started from 3.30 $ at 10/20/2011 and is currently trading at 3.71 $.
3- NGX.TO current support level is at 3.63 which is the 61.80 % fibonacci retracement of the last 0.53 $ move.
4- NGX.TO current resistance level is at 3.83 which is the 100.00 % fibonacci retracement of the last 0.53 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
NORTHGATE MINERALS COM NPV (NGX.TO) Short term stock chart patterns for internet stock trading :

None.
NORTHGATE MINERALS COM NPV (NGX.TO) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 3.830 and 3.910, and is currently resisting at 3.761.
NORTHGATE MINERALS COM NPV (NGX.TO) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.830 and 4.310 that was broken up at 3.720 transforming into a supporting line.

Stock Trading Conclusion:
NORTHGATE MINERALS COM NPV (NGX.TO) was trading in a 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 : 3.76, 3.83, 3.97, 4.16.
Stock Support levels : 3.63, 3.61, 3.57, 3.57, 3.55, 3.51, 3.50, 3.46, 3.43, 3.40, 3.30,.