Anderson Energy Ltd (: AXL) (:AXL) Stock Research Trends Targets and Technical Analysis - [en]

Today we will analyze the stock Anderson Energy Ltd (AXL) for internet stock trading in the TSX stock market,
Stock Technical indicators to notice in Anderson Energy Ltd (AXL)
1- Last bearish trend was from 10.22 $ (3/9/2010) to 9.66 $ (3/11/2010) a 0.56 $ move 2- The current bullish trend started from 9.66 $ at 3/11/2010 and is currently trading at 10.05 $. 3- AXL current support level is at 10.01 which is the 61.80 % fibonacci retracement of the last 0.56 $ move.
4- AXL current resistance level is at 10.22 which is the 100.00 % fibonacci retracement of the last 0.56 $ move.
5- 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.
Anderson Energy Ltd (AXL) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 10.220 .
7- The Stock formed a 0.570 $ height triangle.
Anderson Energy Ltd (AXL) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 10.230 and 10.310, and is currently resisting at 10.058.
Anderson Energy Ltd (AXL) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 10.230 and 10.310, and is currently resisting at 10.058.

Stock Trading Conclusion:
Anderson Energy Ltd (AXL) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 10.06, 10.22, 10.25, 10.37, 10.57.
Stock Support levels : 10.01, 9.96, 9.94, 9.90, 9.87, 9.85, 9.81, 9.79, 9.66,.