Today we will analyze the stock PARAMOUNT RESOURCE COM NPV CLS’ (POU.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in PARAMOUNT RESOURCE COM NPV CLS’ (POU.TO)
1- Last bullish trend was from 17.74 $ (2/23/2010) to 18.58 $ (3/10/2010) a 0.84 $ move 2- The current bearish trend started from 18.58 $ at 3/10/2010 and is currently trading at 17.80 $.
3- POU.TO current support level is at 17.74 which is the 100.00 % fibonacci retracement of the last 0.84 $ move.
4- POU.TO current resistance level is at 18.06 which is the 61.80 % fibonacci retracement of the last 0.84 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
PARAMOUNT RESOURCE COM NPV CLS’ (POU.TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 18.580 .
7- The Stock formed a 3.840 $ height triangle which was broken down at 17.790, target of the pattern is 13.950.
PARAMOUNT RESOURCE COM NPV CLS’ (POU.TO) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 14.660 and 11.510, and is currently supporting at 15.909.
PARAMOUNT RESOURCE COM NPV CLS’ (POU.TO) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 14.660 and 11.510, and is currently supporting at 15.909.

Stock Trading Conclusion:
PARAMOUNT RESOURCE COM NPV CLS’ (POU.TO) was trading in a strong bearish wave, which is becoming weaker .
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 : 17.98, 18.06, 18.10, 18.16, 18.19, 18.26, 18.28, 18.38, 18.58, 18.59, 21.74.
Stock Support levels : 17.74, 17.51, 17.22, 15.91,.


POU.TO: Summary for PARAMOUNT RESOURCE COM NPV CLS'- Yahoo! Finance
Get detailed information on PARAMOUNT RESOURCE COM NPV CLS' (POU.TO) including quote performance, Real-Time ECN, technical chart analysis, key stats,

POU.TO: Summary for PARAMOUNT RESOURCE COM NPV CLS' - Yahoo
PARAMOUNT RESOURCE COM NPV CLS' - POU.TO - Summary, Chart, Share Price and further stock info.

Yahoo! Finance Research Abstract
Research Abstract - PARAMOUNT RESOURCE COM NPV CLS' (pou.to) Title: Paramount Resources Ltd'A'. Document Size: 3 pages

Paramount Resources Ltd. Financial and Operating Results for the
Aug 5, 2009 5, 2009) - Paramount Resources Ltd. (TSX:POU - News; Paramount or the POU.TO , 17.91, +0.13. Chart for PARAMOUNT RESOURCE COM NPV CLS'

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