Today we will analyze the stock SIXTY PLUS INCOME TRUST UNITS (SIX-UN.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in SIXTY PLUS INCOME TRUST UNITS (SIX-UN.TO)
1- Last bearish trend was from 11.24 $ (12/11/2008) to 10.77 $ (12/23/2008) a 0.47 $ move 2- The current bullish trend started from 10.77 $ at 12/23/2008 and is currently trading at 11.31 $.
3- SIX-UN.TO current support level is at 11.24 which is the 100.00 % fibonacci retracement of the last 0.47 $ move.
4- SIX-UN.TO current resistance level is at 11.37 which is the 127.20 % fibonacci retracement of the last 0.47 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SIXTY PLUS INCOME TRUST UNITS (SIX-UN.TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.330 $ height triangle which was broken up at 11.460 in higher than usual volume, target of the pattern is 13.790 which was broken down at 11.310, target of the pattern is 8.980.
SIXTY PLUS INCOME TRUST UNITS (SIX-UN.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 11.470 .
SIXTY PLUS INCOME TRUST UNITS (SIX-UN.TO) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 11.470 .

Stock Trading Conclusion:
SIXTY PLUS INCOME TRUST UNITS (SIX-UN.TO) was trading in a bullish 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 : 11.37, 11.47, 11.53, 13.79, 14.92.
Stock Support levels : 11.24, 11.18, 11.10, 11.06, 11.04, 11.01, 10.98, 10.95, 10.88, 10.77, 10.60,.