Stock Technical indicators to notice in POWER FINL CORP 5.9 NON CUM 1S (PWF-PG.TO)
1- Last bearish trend was from 25.50 $ (5/13/2011) to 23.70 $ (8/8/2011) a 1.80 $ move 2- The current bullish trend started from 23.70 $ at 8/8/2011 and is currently trading at 25.49 $.
4- PWF-PG.TO current resistance level is at 25.50 which is the 100.00 % fibonacci retracement of the last 1.80 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
POWER FINL CORP 5.9 NON CUM 1S (PWF-PG.TO) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 25.500 and 25.690 that was broken up at 25.280 transforming into a supporting line.
POWER FINL CORP 5.9 NON CUM 1S (PWF-PG.TO) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 23.700 and 21.750, and is currently supporting at 24.886.
POWER FINL CORP 5.9 NON CUM 1S (PWF-PG.TO) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 21.750 and 17.550 that was broken down at 25.160 transforming into a resistance line.
Stock Trading Conclusion:
POWER FINL CORP 5.9 NON CUM 1S (PWF-PG.TO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 25.50, 25.99, 26.61, 28.80.
Stock Support levels : 25.18, 25.07, 24.89, 24.81, 24.81, 24.60, 24.59, 24.39, 24.38, 24.12, 23.70,.
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