Stock Technical indicators to notice in SUNOPTA INC COM NPV (SOY.TO)
1- Last bearish trend was from 5.80 $ (4/30/2012) to 5.46 $ (5/3/2012) a 0.34 $ move 2- The current bullish trend started from 5.46 $ at 5/3/2012 and is currently trading at 5.67 $.
4- SOY.TO current resistance level is at 5.67 which is the 61.80 % fibonacci retracement of the last 0.34 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SUNOPTA INC COM NPV (SOY.TO) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 5.460 and 5.420, and is currently supporting at 5.470.
SUNOPTA INC COM NPV (SOY.TO) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 4.960 and 4.300 that was broken down at 5.500 transforming into a resistance line.
SUNOPTA INC COM NPV (SOY.TO) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 4.960 and 4.260 that was broken down at 5.650 transforming into a resistance line.
Stock Trading Conclusion:
SUNOPTA INC COM NPV (SOY.TO) was trading in a 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 : 5.67, 5.80, 5.83, 5.89, 6.01, 6.08.
Stock Support levels : 5.63, 5.62, 5.59, 5.59, 5.57, 5.54, 5.54, 5.47, 5.46,.
Related Stocks
| SUPERIOR PLUS INC TRUST UNITS |
| MULVIHILL PRO-AMS COM NPV’A’ |
| MULVIHILL PRO-AMS COM NPV’B’ |
| SCORPIO MINING CRP COM NPV |
| SKYLON GBL CAP II TRUST UNITS |