Stock Technical indicators to notice in NORTHWATER MARKET- TRUST UNIT (NMN-UN.TO)
1- Last bearish trend was from 2.84 $ (12/18/2009) to 2.71 $ (12/21/2009) a 0.13 $ move 2- The current bullish trend started from 2.71 $ at 12/21/2009 and is currently trading at 2.84 $.
4- NMN-UN.TO current resistance level is at 2.88 which is the 127.20 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
NORTHWATER MARKET- TRUST UNIT (NMN-UN.TO) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.460 $ height triangle which was broken up at 2.820, target of the pattern is 3.280.
NORTHWATER MARKET- TRUST UNIT (NMN-UN.TO) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 3.140 and 3.180, and is currently resisting at 3.076.
NORTHWATER MARKET- TRUST UNIT (NMN-UN.TO) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.640 $ height triangle which was broken down at 2.850 in higher than usual volume, target of the pattern is 2.210.
Stock Trading Conclusion:
NORTHWATER MARKET- TRUST UNIT (NMN-UN.TO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 2.88, 2.92, 2.95, 3.08, 3.28.
Stock Support levels : 2.81, 2.79, 2.78, 2.76, 2.74, 2.74, 2.71,.
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