Today we will analyze the stock BREAKER ENERGY LTD (WAV.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in BREAKER ENERGY LTD (WAV.TO)
1- Last bearish trend was from 6.06 $ (11/20/2009) to 5.69 $ (12/9/2009) a 0.37 $ move 2- The current bullish trend started from 5.69 $ at 12/9/2009 and is currently trading at 6.52 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
BREAKER ENERGY LTD (WAV.TO) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 5.690 and 5.490, and is currently supporting at 5.753.
BREAKER ENERGY LTD (WAV.TO) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bullish stock channel identifed by support at 5.690 and 5.250,resistance between 6.060 and 5.720 which was broken up at 6.400 in higher than usual volume.
BREAKER ENERGY LTD (WAV.TO) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 1.840 $ height triangle which was broken up at 4.830 in higher than usual volume, target of the pattern is 6.670.

Stock Trading Conclusion:
BREAKER ENERGY LTD (WAV.TO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 6.67.
Stock Support levels : 6.38, 6.32, 6.20, 6.11, 6.01, 5.75, 5.69,.