Today we will analyze the stock WESTERN FINL GP COM NPV (WES.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in WESTERN FINL GP COM NPV (WES.TO)
1- Last bearish trend was from 2.53 $ (12/7/2010) to 2.41 $ (12/21/2010) a 0.12 $ move 2- The current bullish trend started from 2.41 $ at 12/21/2010 and is currently trading at 4.14 $.
3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
WESTERN FINL GP COM NPV (WES.TO) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 2.410 .
5- The Stock formed a 0.170 $ height triangle which was broken up at 4.080 in higher than usual volume, target of the pattern is 4.250.
WESTERN FINL GP COM NPV (WES.TO) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 2.410 .
7- The Stock formed Double Top Pattern at 2.590 that failed, and formed a support .
8- The Stock formed a 0.180 $ height triangle which was broken up at 4.080 in higher than usual volume, target of the pattern is 4.260.
WESTERN FINL GP COM NPV (WES.TO) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 2.560 and 3.020 that was broken up at 2.200 transforming into a supporting line.

Stock Trading Conclusion:
WESTERN FINL GP COM NPV (WES.TO) was trading in a strong bullish wave, which is becoming weaker .
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 : 4.25, 4.26.
Stock Support levels : 3.73, 3.48, 3.27, 3.07, 2.54, 2.41, 2.37, 2.30, 2.29, 2.28, 1.78,.