Stock Technical indicators to notice in VG GOLD CORP (VG.TO)
1- Last bearish trend was from 0.96 $ (12/13/2010) to 0.93 $ (12/14/2010) a 0.03 $ move 2- The current bullish trend started from 0.93 $ at 12/14/2010 and is currently trading at 1.10 $.
VG GOLD CORP (VG.TO) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.070 $ height triangle which was broken up at 0.960 in higher than usual volume, target of the pattern is 1.030.
VG GOLD CORP (VG.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 0.920 and 0.670 that was broken down at 0.930 transforming into a resistance line.
VG GOLD CORP (VG.TO) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.670 and 0.630, and is currently supporting at 0.737.
Stock Trading Conclusion:
VG GOLD CORP (VG.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 : 1.14.
Stock Support levels : 1.06, 1.04, 1.01, 0.99, 0.93, 0.89,.
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