Stock Technical indicators to notice in THOMPSON CREEK MET COM NPV (TCM.TO)
1- Last bearish trend was from 7.91 $ (1/12/2012) to 7.67 $ (1/17/2012) a 0.24 $ move 2- The current bullish trend started from 7.67 $ at 1/17/2012 and is currently trading at 9.27 $.
THOMPSON CREEK MET COM NPV (TCM.TO) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 7.670 and 6.710, and is currently supporting at 8.264.
THOMPSON CREEK MET COM NPV (TCM.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock formed Double Top Pattern at 7.480 that failed, and formed a support .
6- The Stock was supported by a support line, identified by two points: 6.710 and 6.200, and is currently supporting at 7.794.
THOMPSON CREEK MET COM NPV (TCM.TO) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 7.480 that failed, and formed a support .
8- The Stock formed a 1.310 $ height triangle which was broken up at 7.600 in higher than usual volume, target of the pattern is 8.910.
Stock Trading Conclusion:
THOMPSON CREEK MET COM NPV (TCM.TO) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : .
Stock Support levels : 8.89, 8.66, 8.47, 8.28, 8.26, 7.79, 7.67, 7.53, 7.43,.
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